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

Key Points

• Santacruz Silver Mining's stock reached a new **52-week high** at C$1.89 during mid-day trading, up **7.0%** from its previous close of C$1.78.
• The company has a **market cap** of C$685.72 million and a **P/E ratio** of 11.91, with a quick ratio of 0.51 and a current ratio of 1.22.
• Recent insider transactions include **sales of 105,000 shares** by directors at prices around C$1.25 to C$1.26, totaling approximately C$131,898.

Santacruz Silver Mining Ltd. (CVE:SCZ - )'s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$1.89 and last traded at C$1.87, with a volume of 443739 shares changing hands. The stock had previously closed at C$1.78.

Santacruz Silver Mining Stock Up 7.0%

The company has a fifty day simple moving average of C$1.32 and a 200-day simple moving average of C$0.84. The company has a quick ratio of 0.51, a current ratio of 1.22 and a debt-to-equity ratio of 0.54. The firm has a market cap of C$685.72 million, a P/E ratio of 11.91 and a beta of 1.57.

Insider Transactions at Santacruz Silver Mining

In other news, Director Roland Lohner sold 60,000 shares of the company's stock in a transaction dated Friday, July 11th. The stock was 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 dated Friday, July 11th. The stock was sold at an average price of C$1.26, for a total value of C$56,700.00. In the last ninety days, insiders sold 370,100 shares of company stock valued at $468,088. Corporate insiders own 7.00% of the company's stock.

About Santacruz Silver Mining

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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