Santacruz Silver Mining (CVE:SCZ) Rating Increased to Strong-Buy at Atrium Research

Santacruz Silver Mining (CVE:SCZ) was upgraded by investment analysts at Atrium Research to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Santacruz Silver Mining Stock Performance

Shares of SCZ opened at C$0.32 on Tuesday. The company has a market cap of C$112.10 million, a PE ratio of 0.56 and a beta of 2.15. The firm has a 50-day moving average of C$0.29 and a 200-day moving average of C$0.33. Santacruz Silver Mining has a one year low of C$0.18 and a one year high of C$0.48. The company has a debt-to-equity ratio of 15.33, a current ratio of 1.13 and a quick ratio of 0.51.

Insider Buying and Selling

In other Santacruz Silver Mining news, Director Arturo Préstamo Elizondo purchased 88,229 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were acquired at an average price of C$0.39 per share, for a total transaction of C$34,409.31. 7.00% of the stock is currently owned by corporate insiders.

About Santacruz Silver Mining

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.