Southern Silver Exploration (CVE:SSV) PT Set at C$0.60 by Fundamental Research

Southern Silver Exploration (CVE:SSV) has been given a C$0.60 price objective by investment analysts at Fundamental Research in a research note issued on Friday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s price objective suggests a potential upside of 150.00% from the stock’s current price.

Southern Silver Exploration Price Performance

Southern Silver Exploration stock remained flat at C$0.24 during mid-day trading on Friday. The company had a trading volume of 147,640 shares, compared to its average volume of 207,879. The firm’s 50-day simple moving average is C$0.25 and its 200-day simple moving average is C$0.19. The firm has a market capitalization of C$69.97 million, a PE ratio of -24.00 and a beta of 1.89. Southern Silver Exploration has a 12 month low of C$0.11 and a 12 month high of C$0.34.

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.