John Oness Sells 100,000 Shares of Southern Silver Exploration (CVE:SSV) Stock

by · The Markets Daily

Southern Silver Exploration Corp. (CVE:SSV – Get Free Report) insider John Oness sold 100,000 shares of the firm’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of C$0.60, for a total transaction of C$60,000.00. Following the sale, the insider owned 170,500 shares of the company’s stock, valued at approximately C$102,300. The trade was a 36.97% decrease in their ownership of the stock.

John Oness also recently made the following trade(s):

  • On Friday, August 7th, John Oness sold 25,000 shares of Southern Silver Exploration stock. The shares were sold at an average price of C$0.60, for a total value of C$15,000.00.

Southern Silver Exploration Stock Performance

Shares of CVE SSV traded down C$0.01 during mid-day trading on Friday, reaching C$0.60. 406,635 shares of the company’s stock were exchanged, compared to its average volume of 1,093,823. The company’s 50-day moving average is C$0.58 and its 200-day moving average is C$0.55. The firm has a market capitalization of C$249.85 million, a price-to-earnings ratio of -20.00 and a beta of 2.48. Southern Silver Exploration Corp. has a 52-week low of C$0.29 and a 52-week 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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