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Research Pit
Posted On: 03/06/2014 9:09:18 AM
Post# of 579
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Posted By: Doubloon
Silver Bull Resources major shareholder Buys 160K Shares (SVBL)

by Nolan Pearson
March 4th, 2014

Silver Bull Resources (NASDAQ:SVBL; TSX:SVB) major shareholder Lazarus Investment Partners Ll bought 160,365 shares of Silver Bull Resources stock on the open market in a transaction dated Monday, March 3rd. The shares were purchased at an average cost of $0.38 per share, for a total transaction of $60,938.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Silver Bull Resources (NASDAQ:SVBL) traded down 2.63% during mid-day trading on Tuesday, hitting $0.37. The stock had a trading volume of 145,039 shares. Silver Bull Resources has a one year low of $0.30 and a one year high of $0.45. The stock’s 50-day moving average is $0.34 and its 200-day moving average is $0.35. The company’s market cap is $58.9 million.

Silver Bull Resources, Inc, formerly Metalline Mining Company, is an exploration-stage company. The Company focuses on the business of mineral exploration.

http://www.wkrb13.com/markets/273501/silver-b...tock-svbl/

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