Santacruz Silver Mining (CVE:SCZ) Stock Rating Upgraded by Atrium Research

Santacruz Silver Mining (CVE:SCZ) was upgraded by equities research analysts at Atrium Research to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Santacruz Silver Mining Stock Up 0.6 %

SCZ stock opened at C$0.32 on Tuesday. The company has a debt-to-equity ratio of 15.33, a current ratio of 1.13 and a quick ratio of 0.51. The stock has a market capitalization of C$112.10 million, a P/E ratio of 0.56 and a beta of 2.15. Santacruz Silver Mining has a fifty-two week low of C$0.18 and a fifty-two week high of C$0.48. The business has a 50-day moving average of C$0.29 and a 200-day moving average of C$0.33.

Insiders Place Their Bets

In other Santacruz Silver Mining news, Director Arturo Préstamo Elizondo purchased 88,229 shares of the business’s stock in a transaction on Thursday, October 31st. The shares were purchased at an average cost of C$0.39 per share, with a total value of C$34,409.31. Insiders own 7.00% of the company’s stock.

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.