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

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

Southern Silver Exploration Trading Up 2.8 %

Southern Silver Exploration stock opened at C$0.19 on Tuesday. Southern Silver Exploration Corp. has a 52 week low of C$0.17 and a 52 week high of C$0.34. The stock has a market cap of C$57.24 million, a P/E ratio of -10.70 and a beta of 1.95. The stock has a 50 day moving average of C$0.23 and a 200-day 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.