SSMR Sunshine Silver Mining & Refining Co
Price Chart
Executive Summary
A cluster of insider activity at Sunshine Silver Mining & Refining Co shows a mixed picture: the CEO, General Counsel, and multiple directors made small open-market purchases totaling ~$264K, while a 10% owner (Ospraie Real Assets Fund LP) sold $7.5M worth of shares on the same day. The purchases are modest relative to market cap and appear coordinated with the same date, but the dominant dollar flow is a large sale by a major holder, which typically carries more weight. The cluster also includes non-cash derivative exercises and grants that have no economic impact.
Key Financial Metrics
Actionable Insight
The $7.5M sale by Ospraie Real Assets Fund LP, a 10% owner, is the dominant signal in this cluster and outweighs the small insider purchases. Monitor for any subsequent filings (e.g., SC 13D amendment) that may indicate a broader reduction in Ospraie's position or a change in their investment thesis. The insider purchases are too small to offset the bearish signal from the large holder's exit.
Key Facts
- Ospraie Real Assets Fund LP (10% owner) sold 555,555 shares at $13.50 for $7.5M on June 5, 2026
- CEO White Heather Eileen purchased 2,000 shares at $13.50 for $27,000 on June 5, 2026
- General Counsel SHEPSTON MICHELLE H purchased 5,000 shares at $13.50 for $67,500 on June 5, 2026
- Director Groh Douglas purchased 10,000 shares at $13.50 for $135,000 on June 5, 2026
- Director Radford Lawrence P purchased 2,500 shares at $13.50 for $33,750 on June 5, 2026
- Director El-Erian Anna purchased 40,000 shares at $13.50 for $540,000 on June 5, 2026
- Total open-market purchases by insiders: ~$264,000 (excluding El-Erian's $540K which is a director buy)
- Total open-market sale by Ospraie: $7.5M
- Multiple non-cash derivative exercises and grants occurred on the same date (no economic value)
Financial Impact
Open-market sales of $7.5M by a 10% owner vs. ~$264K in insider purchases; the sale represents approximately 2.3% of the company's market cap based on a $326M market cap
Risk Factors
- Large holder Ospraie may be reducing its position ahead of negative news or a liquidity event
- Insider purchases are small in magnitude and may be symbolic rather than conviction-based
- The cluster includes derivative exercises that could lead to further selling if shares are held for disposition
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SSMR-1780963153306 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
1d ago
|
Insider Cluster
| $14.77 awaiting T+1 | awaiting T+1 | — | $14.50 (+1.83%) |
|
Jun 8, 2026
1d ago
|
Insider Cluster
| $14.77 awaiting T+1 | awaiting T+1 | — | $14.50 (−1.83%) |
|
Jun 8, 2026
1d ago
|
Insider Cluster
| $14.77 awaiting T+1 | awaiting T+1 | — | $14.50 (−1.83%) |
|
Jun 8, 2026
1d ago
|
Insider Cluster
| $14.77 awaiting T+1 | awaiting T+1 | — | $14.50 (−1.83%) |
|
Jun 8, 2026
1d ago
|
Insider Cluster
| $14.77 awaiting T+1 | awaiting T+1 | — | $14.50 (−1.83%) |
|
Jun 8, 2026
1d ago
|
Insider Buy
| $14.77 awaiting T+1 | awaiting T+1 | — | $14.50 (−1.83%) |
|
Jun 5, 2026
5d ago
|
424B4
| $15.41 awaiting T+1 | awaiting T+1 | — | $14.50 (−5.91%) |
|
Jun 4, 2026
5d ago
|
EFFECT
| $17.15 $14.00 | ▼ −18.37% | ▼ −15.77% | $14.50 (−15.45%) |
|
Jun 3, 2026
6d ago
|
3
| $17.15 $14.00 | ▼ −18.37% | ▼ −15.77% | $14.50 (−15.45%) |
|
Jun 3, 2026
6d ago
|
3
| $17.15 $14.00 | ▼ −18.37% | ▼ −15.77% | $14.50 (−15.45%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access