Southern Silver Exploration Corp. (CVE:SSV – Get Free Report) dropped 7.5% during mid-day trading on Monday . The stock traded as low as C$0.42 and last traded at C$0.43. 236,848 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 1,250,914 shares. The stock had previously closed at C$0.47.
Southern Silver Exploration Trading Down 7.5%
The firm has a market cap of C$177.27 million, a price-to-earnings ratio of -14.33 and a beta of 2.51. The stock has a 50-day moving average of C$0.51 and a 200-day moving average of C$0.62.
About Southern Silver Exploration
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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