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

by · The Cerbat Gem

Southern Silver Exploration Corp. (CVE:SSV – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as C$0.61 and last traded at C$0.60, with a volume of 2374044 shares trading hands. The stock had previously closed at C$0.54.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$0.87 price target on shares of Southern Silver Exploration and gave the stock a “buy” rating in a research note on Tuesday, November 18th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$0.87.

Check Out Our Latest Report on Southern Silver Exploration

Southern Silver Exploration Stock Down 4.5%

The stock has a market capitalization of C$247.44 million, a price-to-earnings ratio of -32.00 and a beta of 2.05. The stock has a fifty day moving average of C$0.40 and a 200-day moving average of C$0.31.

Southern Silver Exploration Company Profile

(Get Free Report)

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.

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