Southern Silver Exploration Corp. (CVE:SSV) Senior Officer Buys C$23,000.00 in Stock

Southern Silver Exploration Corp. (CVE:SSV) Senior Officer Robert William John Macdonald bought 100,000 shares of the stock in a transaction dated Monday, March 31st. The shares were acquired at an average price of C$0.23 per share, for a total transaction of C$23,000.00.

Southern Silver Exploration Price Performance

SSV traded down C$0.03 during midday trading on Friday, reaching C$0.18. 594,486 shares of the company’s stock traded hands, compared to its average volume of 293,077. Southern Silver Exploration Corp. has a 52 week low of C$0.17 and a 52 week high of C$0.34. The stock has a market capitalization of C$55.69 million, a price-to-earnings ratio of -10.41 and a beta of 1.95. The firm has a fifty day moving average of C$0.23 and a two-hundred day moving average of C$0.23.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.71 target price on shares of Southern Silver Exploration and gave the stock a “buy” rating in a research note on Tuesday, March 18th.

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.