Southern Silver Exploration Corp. (CVE:SSV – Get Free Report)’s share price traded down 7.5% during mid-day trading on Monday . The company traded as low as C$0.42 and last traded at C$0.43. Approximately 236,848 shares traded hands 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 Stock Performance
The company’s fifty day moving average price is C$0.51 and its 200 day moving average price is C$0.62. The firm has a market capitalization of C$177.27 million, a price-to-earnings ratio of -14.33 and a beta of 2.51.
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. The company was formerly known as Newcoast Silver Mines Ltd. and changed its name to Southern Silver Exploration Corp.
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