Santacruz Silver Mining Ltd. (CVE:SCZ - Get Free Report)'s share price rose 8% on Wednesday . The stock traded as high as C$0.41 and last traded at C$0.41. Approximately 552,243 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 497,834 shares. The stock had previously closed at C$0.38.
Wall Street Analyst Weigh In
Separately, Atrium Research raised Santacruz Silver Mining to a "strong-buy" rating in a research note on Tuesday, January 21st.
Check Out Our Latest Stock Analysis on SCZ
Santacruz Silver Mining Price Performance
The company has a market cap of C$137.64 million, a price-to-earnings ratio of 0.91 and a beta of 2.15. The company's 50 day moving average price is C$0.45 and its 200-day moving average price is C$0.37. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.51 and a current ratio of 1.22.
Insider Activity
In related news, Director Arturo Préstamo Elizondo acquired 1,050,000 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were purchased at an average price of C$0.40 per share, for a total transaction of C$420,000.00. Insiders own 7.00% of the company's stock.
Santacruz Silver Mining Company Profile
(
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.
Further Reading
Before you consider Santacruz Silver Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Santacruz Silver Mining wasn't on the list.
While Santacruz Silver Mining currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
