Insider Selling: Southern Silver Exploration Corp. (CVE:SSV) Director Sells 100,000 Shares of Stock

Southern Silver Exploration Corp. (CVE:SSV) Director Lawrence Peter Page sold 100,000 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of C$0.22, for a total transaction of C$21,500.00.

Southern Silver Exploration Price Performance

Shares of CVE:SSV traded up C$0.04 during midday trading on Tuesday, hitting C$0.24. The company had a trading volume of 412,497 shares, compared to its average volume of 271,740. The business’s 50-day simple moving average is C$0.21 and its 200-day simple moving average is C$0.24. The stock has a market cap of C$74.26 million, a price-to-earnings ratio of -13.88 and a beta of 1.95. Southern Silver Exploration Corp. has a twelve month low of C$0.15 and a twelve month high of C$0.34.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.60 price objective on shares of Southern Silver Exploration and gave the company a “buy” rating in a research note on Tuesday, February 11th.

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.