Southern Silver Exploration (CVE:SSV) Trading Up 14.6%

Southern Silver Exploration Corp. (CVE:SSV - Get Free Report)'s stock price traded up 14.6% during mid-day trading on Friday . The stock traded as high as C$0.28 and last traded at C$0.28. 360,550 shares changed hands during trading, an increase of 64% from the average session volume of 219,800 shares. The stock had previously closed at C$0.24.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$0.60 target price on Southern Silver Exploration and gave the stock a "buy" rating in a research report on Friday, June 28th.

Southern Silver Exploration Stock Down 9.1 %

The firm has a market cap of C$76.79 million, a P/E ratio of -25.00 and a beta of 1.91. The company's 50 day simple moving average is C$0.24 and its 200-day simple moving average is C$0.22.

Southern Silver Exploration Company Profile

Southern Silver Exploration Corp., an exploration stage company, engages in the acquisition, exploration, and development of precious/base metal properties in North America. The company explores for gold, silver, copper, lead, and zinc ores. Its flagship property is the Cerro Las Minitas project that comprises twenty-five mineral concessions covering an area of approximately 27,422 hectares located in Durango State, Mexico.