Atrium Research Issues Negative Outlook for CVE:SCZ Earnings

Santacruz Silver Mining Ltd. (CVE:SCZ) – Stock analysts at Atrium Research lowered their FY2024 earnings per share (EPS) estimates for Santacruz Silver Mining in a research note issued to investors on Thursday, January 30th. Atrium Research analyst B. Pirie now anticipates that the company will post earnings of $0.58 per share for the year, down from their prior estimate of $0.59. Atrium Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Santacruz Silver Mining’s current full-year earnings is $0.01 per share. Atrium Research also issued estimates for Santacruz Silver Mining’s Q4 2024 earnings at $0.03 EPS.

Santacruz Silver Mining Stock Up 1.3 %

Shares of CVE SCZ opened at C$0.38 on Monday. The company has a current ratio of 1.13, a quick ratio of 0.51 and a debt-to-equity ratio of 15.33. Santacruz Silver Mining has a 12-month low of C$0.18 and a 12-month high of C$0.48. The firm’s 50-day moving average price is C$0.30 and its 200-day moving average price is C$0.33. The stock has a market capitalization of C$135.23 million, a price-to-earnings ratio of 0.68 and a beta of 2.15.

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.