Key Points
- Insider John Oness sold 25,000 Southern Silver Exploration shares at an average price of C$0.60, generating C$15,000 in proceeds.
- Following the sale, Oness directly owned 10,500 shares valued at approximately C$6,300—a 70.42% reduction in his holdings.
- Southern Silver shares opened at C$0.64, with a market capitalization of about C$263.84 million and a 52-week trading range of C$0.20 to C$1.13.
Southern Silver Exploration Corp. (CVE:SSV - Get Free Report) insider John Oness sold 25,000 shares of the firm'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 directly owned 10,500 shares in the company, valued at C$6,300. This trade represents a 70.42% decrease in their ownership of the stock.
Southern Silver Exploration Price Performance
Shares of CVE SSV opened at C$0.64 on Friday. The stock has a market capitalization 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 price of C$0.49 and a 200-day moving average price of C$0.59. Southern Silver Exploration Corp. has a 1 year low of C$0.20 and a 1 year high of C$1.13.
About Southern Silver Exploration
(
Get Free Report)
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.
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