Shares of Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) were down 2.1% on Wednesday . The company traded as low as C$0.23 and last traded at C$0.24. Approximately 124,650 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 266,419 shares. The stock had previously closed at C$0.24.
Analysts Set New Price Targets
Separately, Fundamental Research set a C$0.60 price target on Southern Silver Exploration and gave the stock a "buy" rating in a research note on Tuesday, February 11th.
Read Our Latest Report on SSV
Southern Silver Exploration Stock Up 1.9 %
The firm's fifty day simple moving average is C$0.21 and its 200-day simple moving average is C$0.24. The company has a market cap of C$81.99 million, a PE ratio of -15.32 and a beta of 1.95.
About Southern Silver Exploration
(
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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.
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