Robert William John Macdonald Acquires 350,000 Shares of Southern Silver Exploration (CVE:SSV) Stock

Southern Silver Exploration Corp. (CVE:SSV) insider Robert William John Macdonald purchased 350,000 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were purchased at an average price of C$0.62 per share, for a total transaction of C$217,000.00. Following the completion of the acquisition, the insider owned 629,000 shares of the company’s stock, valued at C$389,980. The trade was a 125.45% increase in their position.

Southern Silver Exploration Stock Performance

CVE:SSV opened at C$0.60 on Friday. Southern Silver Exploration Corp. has a 52 week low of C$0.26 and a 52 week high of C$1.13. The firm has a 50-day moving average price of C$0.56 and a two-hundred day moving average price of C$0.56. The firm has a market cap of C$249.85 million, a price-to-earnings ratio of -20.00 and a beta of 2.48.

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.