Southern Silver Exploration (CVE:SSV) PT Set at C$0.60 by Fundamental Research

Southern Silver Exploration (CVE:SSV) has been assigned a C$0.60 price objective by analysts at Fundamental Research in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s target price would suggest a potential upside of 172.73% from the stock’s current price.

Southern Silver Exploration Price Performance

Shares of SSV opened at C$0.22 on Tuesday. Southern Silver Exploration has a 12 month low of C$0.11 and a 12 month high of C$0.34. The stock’s 50-day moving average is C$0.20 and its two-hundred day moving average is C$0.24. The stock has a market cap of C$67.80 million, a PE ratio of -22.00 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.