Santacruz Silver Mining (CVE:SCZ) Reaches New 12-Month High – Should You Buy?

Santacruz Silver Mining Ltd. (CVE:SCZGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$23.90 and last traded at C$22.90, with a volume of 612577 shares trading hands. The stock had previously closed at C$21.50.

Santacruz Silver Mining Price Performance

The business’s 50 day moving average is C$12.82 and its two-hundred day moving average is C$9.41. The firm has a market cap of C$1.96 billion, a P/E ratio of 33.45 and a beta of 2.30. The company has a quick ratio of 0.51, a current ratio of 1.22 and a debt-to-equity ratio of 0.54.

About Santacruz Silver Mining

(Get Free Report)

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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