Fundamental Research Reiterates C$0.60 Price Target for Southern Silver Exploration (CVE:SSV)

Southern Silver Exploration (CVE:SSV) has been given a C$0.60 target price by investment analysts at Fundamental Research in a report released on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s price objective points to a potential upside of 172.73% from the stock’s current price.

Southern Silver Exploration Stock Performance

SSV stock opened at C$0.22 on Tuesday. The firm has a 50 day simple moving average of C$0.20 and a 200-day simple moving average of C$0.24. The company has a market capitalization of C$67.80 million, a P/E ratio of -22.00 and a beta of 1.95. Southern Silver Exploration has a twelve month low of C$0.11 and a twelve month high of C$0.34.

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.