Santacruz Silver Mining Ltd. (CVE:SCZ - Get Free Report) shares shot up 20% on Tuesday . The company traded as high as C$1.42 and last traded at C$1.38. 1,449,873 shares traded hands during mid-day trading, an increase of 98% from the average session volume of 730,629 shares. The stock had previously closed at C$1.15.
Santacruz Silver Mining Trading Down 4.1%
The stock has a market capitalization of C$347.85 million, a P/E ratio of 2.29 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. The stock's fifty day moving average price is C$1.15 and its two-hundred day moving average price is C$0.71.
Insider Buying and Selling
In other news, Director Roland Lohner sold 50,000 shares of the business's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of C$1.28, for a total value of C$64,005.00. Also, Director W. Barry Girling sold 20,000 shares of the business's stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of C$1.36, for a total transaction of C$27,160.00. Over the last 90 days, insiders sold 370,100 shares of company stock valued at $468,088. Company insiders own 7.00% of the company's stock.
Santacruz Silver Mining Company Profile
(
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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.
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