Insider Selling: Southern Silver Exploration (CVE:SSV) Director Sells C$194,940.00 in Stock

Southern Silver Exploration Corp. (CVE:SSV) Director Lawrence Peter Page sold 513,000 shares of Southern Silver Exploration stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of C$0.38, for a total value of C$194,940.00. Following the sale, the director directly owned 410,861 shares in the company, valued at C$156,127.18. This trade represents a 55.53% decrease in their position.

Southern Silver Exploration Stock Up 5.4%

SSV stock traded up C$0.02 during midday trading on Monday, hitting C$0.39. The company’s stock had a trading volume of 832,628 shares, compared to its average volume of 1,010,722. Southern Silver Exploration Corp. has a 12 month low of C$0.31 and a 12 month high of C$1.13. The firm has a market capitalization of C$163.80 million, a price-to-earnings ratio of -13.00 and a beta of 2.68. The company has a 50 day moving average of C$0.50 and a two-hundred day moving average of C$0.57.

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. The company was formerly known as Newcoast Silver Mines Ltd. and changed its name to Southern Silver Exploration Corp.