Southern Silver Exploration (CVE:SSV) Director Sells 513,000 Shares of 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 stock was sold at an average price of C$0.38, for a total value of C$194,940.00. Following the completion of the sale, the director directly owned 410,861 shares in the company, valued at approximately C$156,127.18. The trade was a 55.53% decrease in their position.

Southern Silver Exploration Price Performance

Shares of CVE SSV traded up C$0.02 during midday trading on Monday, reaching C$0.39. 832,628 shares of the stock traded hands, compared to its average volume of 1,010,722. The stock has a market capitalization of C$163.80 million, a PE ratio of -13.00 and a beta of 2.68. Southern Silver Exploration Corp. has a one year low of C$0.31 and a one year high of C$1.13. The company’s 50 day moving average is C$0.50 and its 200 day moving average is 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.