Southern Silver Exploration (CVE:SSV) Stock Price Down 4.3% – What’s Next?

Southern Silver Exploration Corp. (CVE:SSV)’s share price dropped 4.3% during trading on Monday . The company traded as low as C$0.55 and last traded at C$0.56. Approximately 271,750 shares changed hands during trading, a decline of 79% from the average daily volume of 1,320,249 shares. The stock had previously closed at C$0.59.

Southern Silver Exploration Stock Down 6.8%

The business has a 50 day moving average of C$0.56 and a 200 day moving average of C$0.63. The company has a market capitalization of C$224.54 million, a P/E ratio of -18.33 and a beta of 2.65.

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.