Santacruz Silver Mining (CVE:SCZ) Reaches New 1-Year High - Should You Buy?

Key Points

• Santacruz Silver Mining Ltd. (CVE:SCZ) achieved a **new 52-week high** share price of **C$1.68**, representing a **5.7% increase** from its previous close of C$1.59.
• The company has a **market cap of C$420.42 million** and a low **P/E ratio of 2.76**, indicating it could be undervalued relative to its earnings.
• Recent insider trading activity shows **insiders sold 370,100 shares** in the last ninety days, with insiders holding only **7.00% of the company's stock**, raising potential concerns for investors.

Santacruz Silver Mining Ltd. (CVE:SCZ - )'s share price reached a new 52-week high on Monday . The stock traded as high as C$1.68 and last traded at C$1.68, with a volume of 914793 shares traded. The stock had previously closed at C$1.59.

Santacruz Silver Mining Trading Up 5.7%

The stock has a market cap of C$420.42 million, a P/E ratio of 2.76 and a beta of 2.15. The firm's fifty day moving average price is C$1.23 and its two-hundred day moving average price is C$0.78. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.22 and a quick ratio of 0.51.

Insider Buying and Selling at Santacruz Silver Mining

In related news, Director Roland Lohner sold 60,000 shares of the company's stock in a transaction on Friday, July 11th. The shares were sold at an average price of C$1.25, for a total value of C$75,198.00. Also, Director W. Barry Girling sold 45,000 shares of the company's stock in a transaction on Friday, July 11th. The stock was sold at an average price of C$1.26, for a total transaction of C$56,700.00. In the last ninety days, insiders sold 370,100 shares of company stock worth $468,088. Insiders own 7.00% of the company's stock.

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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