Santacruz Silver Mining Ltd. (CVE:SCZ) Director Acquires C$420,000.00 in Stock

Santacruz Silver Mining Ltd. (CVE:SCZ) Director Arturo Préstamo Elizondo purchased 1,050,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were acquired at an average cost of C$0.40 per share, with a total value of C$420,000.00.

Santacruz Silver Mining Stock Performance

CVE:SCZ opened at C$0.39 on Friday. The stock’s 50-day moving average is C$0.33 and its 200-day moving average is C$0.33. 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 market cap of C$97.60 million, a P/E ratio of 0.64 and a beta of 2.15. Santacruz Silver Mining Ltd. has a 1-year low of C$0.18 and a 1-year high of C$0.48.

Analysts Set New Price Targets

Separately, Atrium Research upgraded Santacruz Silver Mining to a “strong-buy” rating in a research report on Tuesday, January 21st.

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.