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Santacruz Silver Mining (CVE:SCZ) Reaches New 12-Month High - What's Next?

Santacruz Silver Mining logo with Basic Materials background

Shares of Santacruz Silver Mining Ltd. (CVE:SCZ - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$1.47 and last traded at C$1.43, with a volume of 787102 shares changing hands. The stock had previously closed at C$1.34.

Santacruz Silver Mining Trading Up 7.5%

The company has a market cap of C$360.36 million, a price-to-earnings ratio of 2.37 and a beta of 2.15. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.51 and a current ratio of 1.22. The business's 50 day moving average price is C$0.93 and its 200-day moving average price is C$0.61.

Insiders Place Their Bets

In other Santacruz Silver Mining news, Director W. Barry Girling sold 20,100 shares of the firm's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of C$1.40, for a total value of C$28,079.70. Also, Director Roland Lohner sold 50,000 shares of the company's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of C$1.40, for a total transaction of C$70,025.00. In the last quarter, insiders have sold 250,100 shares of company stock valued at $304,423. 7.00% of the stock is owned by company insiders.

About Santacruz Silver Mining

(Get Free Report)

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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