Insider Selling: Sunshine Silver Mining & Refining (NYSE:SSMR) Major Shareholder Sells $7,499,992.50 in Stock

Sunshine Silver Mining & Refining Company (NYSE:SSMRGet Free Report) major shareholder Real Assets Fund Lp Ospraie sold 555,555 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $13.50, for a total value of $7,499,992.50. Following the transaction, the insider owned 24,758,995 shares in the company, valued at $334,246,432.50. This trade represents a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Sunshine Silver Mining & Refining Trading Down 3.4%

Shares of SSMR stock opened at $14.00 on Thursday. Sunshine Silver Mining & Refining Company has a 52 week low of $13.75 and a 52 week high of $17.15.

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