Atrium Research Issues Negative Estimate for SCZM Earnings

Key Points

• Atrium Research lowered its Q3 2026 EPS estimate for Santacruz Silver Mining to $0.30 from $0.32, while forecasting $0.32 EPS for Q4 and $0.96 for full-year 2026.
• Santacruz’s latest quarterly results significantly missed expectations, with EPS of $0.02 versus the $0.37 consensus and revenue of $113.46 million versus estimates of $135 million.
• Despite mixed analyst actions, the stock maintains a consensus “Buy” rating with an average price target of $10.00; shares opened at $7.13, well below their 50-day moving average of $9.09.

Santacruz Silver Mining (NASDAQ:SCZM - Free Report) - Equities researchers at Atrium Research dropped their Q3 2026 EPS estimates for shares of Santacruz Silver Mining in a note issued to investors on Thursday, October 22nd. Atrium Research analyst B. Pirie now forecasts that the company will post earnings of $0.30 per share for the quarter, down from their previous estimate of $0.32. The consensus estimate for Santacruz Silver Mining's current full-year earnings is $1.06 per share. Atrium Research also issued estimates for Santacruz Silver Mining's Q4 2026 earnings at $0.32 EPS and FY2026 earnings at $0.96 EPS.

Santacruz Silver Mining (NASDAQ:SCZM - Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.37 by ($0.35). The company had revenue of $113.46 million for the quarter, compared to analyst estimates of $135.00 million. Santacruz Silver Mining had a return on equity of 21.55% and a net margin of 9.97%.

Several other equities analysts have also weighed in on the stock. Weiss Ratings upgraded shares of Santacruz Silver Mining from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, October 8th. Zacks Research upgraded Santacruz Silver Mining from a "hold" rating to a "strong-buy" rating in a report on Friday, October 16th. Wall Street Zen cut shares of Santacruz Silver Mining from a "buy" rating to a "hold" rating in a research note on Saturday, August 29th. Finally, Maxim Group dropped their target price on Santacruz Silver Mining from $12.00 to $10.00 and set a "buy" rating for the company in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $10.00.

Santacruz Silver Mining Price Performance

Shares of SCZM opened at $7.13 on Friday. The company's fifty day moving average is $9.09. Santacruz Silver Mining has a 12-month low of $4.68 and a 12-month high of $17.65. The stock has a market capitalization of $663.09 million and a price-to-earnings ratio of 22.28.

Hedge Funds Weigh In On Santacruz Silver Mining

A number of large investors have recently modified their holdings of the business. U S Global Investors Inc. acquired a new stake in shares of Santacruz Silver Mining in the 3rd quarter valued at approximately $3,091,000. Susquehanna International Group LLP acquired a new position in Santacruz Silver Mining in the 2nd quarter valued at $401,000. Squarepoint Ops LLC bought a new stake in Santacruz Silver Mining during the second quarter worth about $238,000. NewEdge Advisors LLC bought a new position in Santacruz Silver Mining in the second quarter valued at approximately $212,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of Santacruz Silver Mining in the 2nd quarter valued at $148,000.

Santacruz Silver Mining Company Profile

Santacruz Silver Mining Ltd. is a Canadian mining company focused on the exploration, development and operation of silver, lead and zinc properties in Mexico. The company produces mineral concentrates containing silver and base metals, which are sold to smelters and other processing customers.

Santacruz's Mexican operating portfolio has included the Zimapan mine complex in Hidalgo, the La Encantada mine in Coahuila and the Rosario mine in San Luis Potosi, along with the Veta Grande property in Zacatecas.

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