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Santacruz Silver Mining (CVE:SCZ) Trading Down 1.8% - Should You Sell?

Santacruz Silver Mining logo with Basic Materials background

Santacruz Silver Mining Ltd. (CVE:SCZ - Get Free Report)'s stock price was down 1.8% during mid-day trading on Thursday . The company traded as low as C$0.27 and last traded at C$0.28. Approximately 336,369 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 455,374 shares. The stock had previously closed at C$0.28.

Santacruz Silver Mining Stock Up 3.6 %

The stock has a market capitalization of C$101.42 million, a P/E ratio of 0.49 and a beta of 2.15. The stock has a fifty day moving average price of C$0.36 and a 200 day moving average price of C$0.36. 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 at Santacruz Silver Mining

In other news, Director Arturo Préstamo Elizondo bought 91,000 shares of the stock in a transaction on Friday, October 18th. The stock was bought at an average cost of C$0.39 per share, for a total transaction of C$35,035.00. Company insiders own 7.00% of the company's stock.

About Santacruz Silver Mining

(Get Free Report)

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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