BRIAN SENDING THE WRONG MESSAGE
Silver Bull Resources Inc (NYSEMKT:SVBL) Chairman Brian D. Edgar sold 664,962 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $0.18, for a total transaction of $119,693.16. Following the completion of the sale, the chairman now directly owns 5,650,815 shares of the company’s stock, valued at approximately $1,017,146.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Silver Bull Resources Inc ( NYSEMKT:SVBL) traded down 8.205% during mid-day trading on Thursday, reaching $0.179. 534,586 shares of the company’s stock traded hands. The stock’s market capitalization is $29.85 million. Silver Bull Resources Inc has a 12-month low of $0.02 and a 12-month high of $0.21. The company’s 50-day moving average price is $0.16 and its 200-day moving average price is $0.10.
Silver Bull Resources, Inc is an exploration stage-company. The Company has the option to acquire a number of property concessions in Mexico within the Sierra Mojada District, located in the west-central part of the state of Coahuila, Mexico. The Company conducts its operations in Mexico through its subsidiaries, Minera Metalin SA de C.V. |
