Southern Silver Exploration (CVE:SSV) Sets New 52-Week High – Here’s What Happened

Southern Silver Exploration Corp. (CVE:SSV)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.34 and last traded at C$0.33, with a volume of 366217 shares trading hands. The stock had previously closed at C$0.30.

Wall Street Analyst Weigh In

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

Southern Silver Exploration Trading Up 10.0 %

The stock has a market capitalization of C$101.70 million, a PE ratio of -30.00 and a beta of 1.95. The firm has a 50-day moving average price of C$0.27 and a 200-day moving average price of C$0.25.

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.