Southern Silver Exploration (CVE:SSV) Stock: Insider Lawrence Peter Page Sells 513,000 Shares

Southern Silver Exploration Corp. (CVE:SSV) Director Lawrence Peter Page sold 513,000 shares of the firm’s stock in a transaction on Monday, November 9th. The stock was sold at an average price of C$0.38, for a total transaction of C$194,940.00. Following the completion of the sale, the director owned 410,861 shares of the company’s stock, valued at C$156,127.18. This trade represents a 55.53% decrease in their position.

Southern Silver Exploration Stock Down 10.3%

Shares of CVE:SSV opened at C$0.35 on Wednesday. Southern Silver Exploration Corp. has a fifty-two week low of C$0.31 and a fifty-two week high of C$1.13. The firm’s 50-day simple moving average is C$0.49 and its 200-day simple moving average is C$0.57. The company has a market cap of C$147.00 million, a price-to-earnings ratio of -11.67 and a beta of 2.68.

About Southern Silver Exploration

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. in July 2004.