Southern Silver Exploration Corp. (CVE:SSV) Senior Officer Robert William John Macdonald Acquires 100,000 Shares

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

Southern Silver Exploration Stock Up 9.8 %

SSV stock traded up C$0.02 during midday trading on Friday, reaching C$0.23. 431,687 shares of the company's stock traded hands, compared to its average volume of 288,954. The company has a 50-day simple moving average of C$0.23 and a two-hundred day simple moving average of C$0.23. Southern Silver Exploration Corp. has a 1-year low of C$0.17 and a 1-year high of C$0.34. The company has a market cap of C$69.62 million, a price-to-earnings ratio of -13.01 and a beta of 1.95.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$0.71 price target on shares of Southern Silver Exploration and gave the company a "buy" rating in a research report 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.