Santacruz Silver Mining (CVE:SCZ) Trading Up 8.9% - Here's What Happened

Santacruz Silver Mining Ltd. (CVE:SCZ - Get Free Report)'s share price traded up 8.9% on Tuesday . The stock traded as high as C$0.31 and last traded at C$0.31. 75,000 shares were traded during mid-day trading, a decline of 35% from the average session volume of 114,720 shares. The stock had previously closed at C$0.28.

Santacruz Silver Mining Trading Up 6.4 %

The company has a quick ratio of 0.51, a current ratio of 1.13 and a debt-to-equity ratio of 15.33. The business has a 50-day simple moving average of C$0.30 and a 200-day simple moving average of C$0.33. The company has a market cap of C$106.05 million, a PE ratio of 0.53 and a beta of 2.15.

Insider Activity at Santacruz Silver Mining

In other Santacruz Silver Mining news, Director Arturo Préstamo Elizondo bought 91,000 shares of Santacruz Silver Mining stock in a transaction on Friday, October 18th. The shares were 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

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.