Insider Buying: Southern Silver Exploration Corp. (CVE:SSV) Senior Officer Purchases 100,000 Shares of Stock

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

Southern Silver Exploration Stock Down 12.2 %

SSV stock opened at C$0.18 on Monday. 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 stock’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.23. Southern Silver Exploration Corp. has a 52-week low of C$0.17 and a 52-week high of C$0.34.

Analysts Set New Price Targets

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

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.