Insider Selling: Southern Silver Exploration (CVE:SSV) Insider Sells C$15,000.00 in 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 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 directly owned 10,500 shares in the company, valued at C$6,300. This trade represents a 70.42% decrease in their position.

Southern Silver Exploration Trading Up 1.6%

CVE:SSV traded up C$0.01 during trading hours on Friday, hitting C$0.64. The company had a trading volume of 705,771 shares, compared to its average volume of 1,179,119. Southern Silver Exploration Corp. has a 1 year low of C$0.20 and a 1 year high of C$1.13. The company has a market cap of C$263.84 million, a P/E ratio of -21.33 and a beta of 2.51. The company has a 50-day moving average of C$0.49 and a 200 day moving average of C$0.59.

About Southern Silver Exploration

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.