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

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

Southern Silver Exploration Stock Performance

Shares of SSV opened at C$0.64 on Monday. The firm’s fifty day simple moving average is C$0.49 and its two-hundred day simple moving average is C$0.59. Southern Silver Exploration Corp. has a 12 month low of C$0.20 and a 12 month high of C$1.13. The stock 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.