Southern Silver Exploration (CVE:SSV) Hits New 12-Month High – Should You Buy?

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. The stock had previously closed at C$0.30.

Analyst Upgrades and Downgrades

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

Southern Silver Exploration Stock Down 6.0 %

The firm has a market capitalization of C$97.08 million, a P/E ratio of -33.50 and a beta of 1.95. The company has a fifty day simple moving average of C$0.28 and a 200 day simple moving average of C$0.26.

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.