Arturo Préstamo Elizondo Buys 1,050,000 Shares of Santacruz Silver Mining Ltd. (CVE:SCZ) Stock

Santacruz Silver Mining Ltd. (CVE:SCZ) Director Arturo Préstamo Elizondo bought 1,050,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were purchased at an average cost of C$0.40 per share, with a total value of C$420,000.00.

Santacruz Silver Mining Price Performance

Shares of CVE SCZ opened at C$0.42 on Friday. Santacruz Silver Mining Ltd. has a twelve month low of C$0.18 and a twelve month high of C$0.48. The firm has a fifty day simple moving average of C$0.32 and a 200 day simple moving average of C$0.33. The company has a market capitalization of C$103.85 million, a PE ratio of 0.68 and a beta of 2.15. The company has a quick ratio of 0.51, a current ratio of 1.22 and a debt-to-equity ratio of 0.54.

Wall Street Analysts Forecast Growth

Separately, Atrium Research raised shares of Santacruz Silver Mining to a “strong-buy” rating in a research note on Tuesday, January 21st.

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.