Santacruz Silver Mining (CVE:SCZ - Get Free Report) was upgraded by analysts at Atrium Research to a "strong-buy" rating in a research report issued on Tuesday,Zacks.com reports.
Santacruz Silver Mining Price Performance
Shares of CVE:SCZ traded up C$0.00 during midday trading on Tuesday, hitting C$0.32. The stock had a trading volume of 371,090 shares, compared to its average volume of 206,340. The company's 50-day moving average price is C$0.29 and its 200-day moving average price is C$0.33. Santacruz Silver Mining has a fifty-two week low of C$0.18 and a fifty-two week high of C$0.48. 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 company has a market capitalization of C$112.10 million, a P/E ratio of 0.56 and a beta of 2.15.
Insiders Place Their Bets
In other Santacruz Silver Mining news, Director Arturo Préstamo Elizondo bought 88,229 shares of the stock in a transaction on Thursday, October 31st. The stock was purchased at an average price of C$0.39 per share, with a total value of C$34,409.31. Corporate insiders own 7.00% of the company's stock.
Santacruz Silver Mining Company Profile
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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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