Southern Silver Exploration (CVE:SSV) Insider John Oness Sells 25,000 Shares of Stock

Southern Silver Exploration Corp. (CVE:SSV) insider John Oness sold 25,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of C$0.60, for a total value of C$15,000.00. Following the transaction, the insider owned 10,500 shares in the company, valued at C$6,300. The trade was a 70.42% decrease in their ownership of the stock.

Southern Silver Exploration Stock Up 1.6%

CVE:SSV opened at C$0.64 on Friday. Southern Silver Exploration Corp. has a twelve month low of C$0.20 and a twelve month high of C$1.13. The company has a fifty day moving average of C$0.49 and a 200-day moving average of C$0.59. The firm has a market capitalization of C$263.84 million, a P/E ratio of -21.33 and a beta of 2.51.

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.