Santacruz Silver Mining (CVE:SCZ) Trading Up 13.3% - Here's What Happened

Santacruz Silver Mining Ltd. (CVE:SCZ - Get Free Report)'s share price rose 13.3% during trading on Saturday . The company traded as high as C$0.54 and last traded at C$0.51. Approximately 1,566,982 shares changed hands during mid-day trading, an increase of 194% from the average daily volume of 532,113 shares. The stock had previously closed at C$0.45.

Analyst Ratings Changes

Separately, Atrium Research raised shares of Santacruz Silver Mining to a "strong-buy" rating in a research report on Tuesday, January 21st.

Santacruz Silver Mining Stock Performance

The company's 50-day moving average price is C$0.46 and its two-hundred day moving average price is C$0.37. The company has a market capitalization of C$132.63 million, a price-to-earnings ratio of 0.87 and a beta of 2.15. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.22 and a quick ratio of 0.51.

Insider Buying and Selling at Santacruz Silver Mining

In other Santacruz Silver Mining news, Director Arturo Préstamo Elizondo acquired 1,050,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average cost of C$0.40 per share, with a total value of C$420,000.00. Insiders own 7.00% of the company's stock.

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.