Southern Silver Exploration (CVE:SSV) Stock Price Down 4.8% – Time to Sell?

Southern Silver Exploration Corp. (CVE:SSV)’s share price fell 4.8% during trading on Monday . The company traded as low as C$0.59 and last traded at C$0.59. 106,654 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,533,135 shares. The stock had previously closed at C$0.62.

Southern Silver Exploration Stock Performance

The business’s 50-day moving average is C$0.63 and its two-hundred day moving average is C$0.59. The stock has a market capitalization of C$224.54 million, a PE ratio of -18.33 and a beta of 2.63.

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.