Santacruz Silver Mining (CVE:SCZ) Rating Increased to Strong-Buy at Atrium Research

Atrium Research upgraded shares of Santacruz Silver Mining (CVE:SCZ) to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports. Atrium Research also issued estimates for Santacruz Silver Mining’s Q4 2024 earnings at $0.04 EPS, FY2024 earnings at $0.59 EPS, Q1 2025 earnings at $0.03 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.04 EPS, FY2025 earnings at $0.16 EPS and FY2026 earnings at $0.19 EPS.

Santacruz Silver Mining Trading Up 1.6 %

Santacruz Silver Mining stock opened at C$0.32 on Tuesday. Santacruz Silver Mining has a one year low of C$0.18 and a one year high of C$0.48. The stock has a market cap of C$113.88 million, a PE ratio of 0.57 and a beta of 2.15. 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 stock has a 50-day moving average of C$0.29 and a two-hundred day moving average of C$0.33.

Insiders Place Their Bets

In other news, Director Arturo Préstamo Elizondo acquired 88,229 shares of Santacruz Silver Mining stock in a transaction dated Thursday, October 31st. The stock was purchased at an average cost of C$0.39 per share, for a total transaction of C$34,409.31. 7.00% of the stock is owned by 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.