Southern Silver Exploration (CVE:SSV) Trading Down 6.2% – Here’s Why

Southern Silver Exploration Corp. (CVE:SSVGet Free Report)’s stock price fell 6.2% during trading on Monday . The company traded as low as C$0.45 and last traded at C$0.45. 1,192,528 shares were traded during trading, a decline of 9% from the average session volume of 1,314,415 shares. The stock had previously closed at C$0.48.

Southern Silver Exploration Trading Down 6.2%

The company’s 50-day moving average is C$0.54 and its 200-day moving average is C$0.64. The firm has a market cap of C$185.51 million, a price-to-earnings ratio of -15.00 and a beta of 2.37.

Southern Silver Exploration Company Profile

(Get Free Report)

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. The company was formerly known as Newcoast Silver Mines Ltd. and changed its name to Southern Silver Exploration Corp.

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