Santacruz Silver Mining Ltd. (CVE:SCZ - Get Free Report)'s share price traded up 13.3% during trading on Saturday . The stock traded as high as C$0.54 and last traded at C$0.51. 1,566,982 shares were traded during mid-day trading, an increase of 194% from the average session volume of 532,113 shares. The stock had previously closed at C$0.45.
Analyst Ratings Changes
Separately, Atrium Research raised Santacruz Silver Mining to a "strong-buy" rating in a report on Tuesday, January 21st.
View Our Latest Report on Santacruz Silver Mining
Santacruz Silver Mining Price Performance
The company's fifty day simple moving average is C$0.46 and its 200-day simple moving average is C$0.37. The stock has a market cap of C$132.63 million, a P/E ratio of 0.87 and a beta of 2.15. The company has a current ratio of 1.22, a quick ratio of 0.51 and a debt-to-equity ratio of 0.54.
Insiders Place Their Bets
In related news, Director Arturo Préstamo Elizondo acquired 1,050,000 shares of the company's stock in a transaction on Tuesday, February 18th. The stock was purchased at an average cost of C$0.40 per share, for a total transaction of C$420,000.00. Corporate insiders own 7.00% of the company's stock.
About Santacruz Silver Mining
(
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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.
See Also
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