Insider Selling: Santacruz Silver Mining (CVE:SCZ) Director Sells 10,000 Shares of Stock

Santacruz Silver Mining Ltd. (CVE:SCZ) Director Larry Minoru Okada sold 10,000 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of C$13.08, for a total value of C$130,800.00. Following the completion of the transaction, the director owned 376,667 shares of the company’s stock, valued at approximately C$4,926,804.36. This represents a 2.59% decrease in their position.

Santacruz Silver Mining Price Performance

SCZ traded up C$0.31 during midday trading on Tuesday, reaching C$13.50. 116,224 shares of the company’s stock were exchanged, compared to its average volume of 370,281. The company has a debt-to-equity ratio of 4.06, a current ratio of 1.54 and a quick ratio of 0.51. The business’s 50-day moving average price is C$10.14 and its 200 day moving average price is C$11.53. Santacruz Silver Mining Ltd. has a 1-year low of C$6.52 and a 1-year high of C$23.90. The stock has a market capitalization of C$1.26 billion, a PE ratio of 30.00 and a beta of 3.33.

Santacruz Silver Mining Company Profile

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.