FY2027 EPS Estimates for CVE:SCZ Lifted by Atrium Research

Key Points

• Atrium Research raised its FY2027 EPS forecast for Santacruz Silver Mining to C$3.01 from C$2.83 per share, compared with a current full-year consensus estimate of C$0.01.
• Santacruz shares opened at C$12.66, with a market capitalization of approximately C$1.18 billion and a 52-week trading range of C$6.86 to C$23.90.
• Two directors recently sold shares, reducing their holdings by 2.59% and 7.61%, respectively; insiders currently own 7.00% of the company.

Santacruz Silver Mining Ltd. (CVE:SCZ - Free Report) - Equities researchers at Atrium Research upped their FY2027 EPS estimates for Santacruz Silver Mining in a research note issued to investors on Friday, September 18th. Atrium Research analyst B. Pirie now forecasts that the company will earn $3.01 per share for the year, up from their prior estimate of $2.83. The consensus estimate for Santacruz Silver Mining's current full-year earnings is $0.01 per share.

Santacruz Silver Mining Stock Performance

Shares of CVE SCZ opened at C$12.66 on Tuesday. The business has a 50 day simple moving average of C$11.60 and a 200 day simple moving average of C$11.24. Santacruz Silver Mining has a 52 week low of C$6.86 and a 52 week high of C$23.90. The stock has a market cap of C$1.18 billion, a price-to-earnings ratio of 28.13 and a beta of 3.34. The company has a debt-to-equity ratio of 21.20, a quick ratio of 0.51 and a current ratio of 1.51.

Insider Buying and Selling at Santacruz Silver Mining

In other news, Director Larry Minoru Okada sold 10,000 shares of the company's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of C$13.08, for a total transaction of C$130,800.00. Following the completion of the sale, the director owned 376,667 shares in the company, valued at approximately C$4,926,804.36. This represents a 2.59% decrease in their position. Also, Director Jorge Federico Villasenor sold 50,000 shares of the firm's stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of C$9.44, for a total value of C$472,000.00. Following the completion of the transaction, the director directly owned 606,667 shares in the company, valued at C$5,726,936.48. The trade was a 7.61% decrease in their ownership of the stock. 7.00% of the stock is currently owned by insiders.

Santacruz Silver Mining Company Profile

Santacruz Silver Mining Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral properties in Latin America. The company primarily explores for silver and zinc, as well as lead and copper deposits. It holds 100% interests in the Zimapan Mine that consists of 34 mining concessions covering an area of 5,139 hectares located in Hidalgo, Mexico; the Sinchi Wayra and the Illapa assets located in Bolivia; and exploration properties, which include the La Pechuga Property and the Santa Gorgonia Prospect.

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