Santacruz Silver Mining (CVE:SCZ) Stock Price Down 3.3% - Here's Why

Santacruz Silver Mining Ltd. (CVE:SCZ - Get Free Report)'s share price dropped 3.3% during trading on Monday . The stock traded as low as C$0.28 and last traded at C$0.30. Approximately 91,176 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 446,409 shares. The stock had previously closed at C$0.31.

Santacruz Silver Mining Stock Down 3.3 %

The company has a debt-to-equity ratio of 15.33, a current ratio of 1.13 and a quick ratio of 0.51. The firm has a market capitalization of C$104.98 million, a PE ratio of 0.53 and a beta of 2.15. The company has a 50-day moving average price of C$0.34 and a 200 day moving average price of C$0.35.

Insider Activity

In other Santacruz Silver Mining news, Director Arturo Préstamo Elizondo bought 91,000 shares of the business's stock in a transaction that occurred on Friday, October 18th. The stock was purchased at an average cost of C$0.39 per share, with a total value of C$35,035.00. Company 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.

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