Santacruz Silver Mining (CVE:SCZ) Shares Up 8.9% – Here’s What Happened

Santacruz Silver Mining Ltd. (CVE:SCZ)’s share price traded up 8.9% during trading 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 Stock Up 3.6 %

The company has a debt-to-equity ratio of 15.33, a quick ratio of 0.51 and a current ratio of 1.13. The firm has a market cap of C$103.20 million, a price-to-earnings ratio of 0.52 and a beta of 2.15. The business’s 50 day moving average price is C$0.31 and its 200 day moving average price is C$0.34.

Insider Activity at Santacruz Silver Mining

In other Santacruz Silver Mining news, Director Arturo Préstamo Elizondo acquired 88,229 shares of the company’s stock in a transaction on Thursday, October 31st. The shares were bought at an average cost of C$0.39 per share, with a total value of C$34,409.31. 7.00% of the stock is owned by company insiders.

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.