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

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

Southern Silver Exploration Stock Down 12.2 %

Shares of SSV stock opened at C$0.18 on Monday. The stock has a market cap of C$55.69 million, a P/E ratio of -10.41 and a beta of 1.95. Southern Silver Exploration Corp. has a fifty-two week low of C$0.17 and a fifty-two week high of C$0.34. The business has a fifty day simple moving average of C$0.23 and a 200-day simple moving average of C$0.23.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$0.71 price target on Southern Silver Exploration and gave the stock 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.