Santacruz Silver Mining (CVE:SCZ) Shares Down 3.4% on Insider Selling

Santacruz Silver Mining Ltd. (CVE:SCZ - Get Free Report) was down 3.4% during trading on Tuesday following insider selling activity. The stock traded as low as C$1.10 and last traded at C$1.12. Approximately 192,406 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 691,323 shares. The stock had previously closed at C$1.16.

Specifically, Director W. Barry Girling sold 30,000 shares of the business's stock in a transaction on Friday, July 4th. The stock was sold at an average price of C$1.06, for a total transaction of C$31,860.00.

Santacruz Silver Mining Stock Up 10.3%

The company has a current ratio of 1.22, a quick ratio of 0.51 and a debt-to-equity ratio of 0.54. The stock has a 50-day simple moving average of C$0.83 and a 200-day simple moving average of C$0.56. The company has a market cap of C$322.82 million, a price-to-earnings ratio of 2.12 and a beta of 2.15.

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.