Southern Silver Exploration (CVE:SSV) Given a C$0.71 Price Target by Fundamental Research Analysts

Southern Silver Exploration (CVE:SSV) received a C$0.71 target price from investment analysts at Fundamental Research in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s target price indicates a potential upside of 149.12% from the stock’s previous close.

Southern Silver Exploration Stock Up 3.6 %

Shares of CVE:SSV traded up C$0.01 during trading on Tuesday, hitting C$0.29. 231,091 shares of the stock traded hands, compared to its average volume of 282,346. The company has a fifty day moving average price of C$0.21 and a two-hundred day moving average price of C$0.24. Southern Silver Exploration has a 52-week low of C$0.16 and a 52-week high of C$0.34. The company has a market cap of C$88.18 million, a price-to-earnings ratio of -16.48 and a beta of 1.95.

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.