Santacruz Silver Mining Ltd. (CVE:SCZ – Get Free Report) Director Jorge Federico Villasenor sold 50,000 shares of the firm’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of C$9.44, for a total transaction of C$472,000.00. Following the completion of the transaction, the director directly owned 606,667 shares in the company, valued at approximately C$5,726,936.48. This represents a 7.61% decrease in their position.
Santacruz Silver Mining Stock Up 6.4%
Shares of CVE SCZ traded up C$0.55 during midday trading on Tuesday, reaching C$9.09. 180,871 shares of the company’s stock were exchanged, compared to its average volume of 392,258. The company has a debt-to-equity ratio of 4.06, a quick ratio of 0.51 and a current ratio of 1.54. Santacruz Silver Mining Ltd. has a 52-week low of C$4.46 and a 52-week high of C$23.90. The business’s fifty day moving average price is C$10.15 and its two-hundred day moving average price is C$12.52. The stock has a market capitalization of C$843.02 million, a PE ratio of 13.98 and a beta of 3.30.
Wall Street Analysts Forecast Growth
Separately, Maxim Group raised shares of Santacruz Silver Mining to a “strong-buy” rating in a report on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.
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.
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