Santacruz Silver Mining (CVE:SCZ) Reaches New 12-Month High – What’s Next?

Shares of Santacruz Silver Mining Ltd. (CVE:SCZ) reached a new 52-week high on Tuesday . The stock traded as high as C$0.61 and last traded at C$0.59, with a volume of 1153512 shares changing hands. The stock had previously closed at C$0.52.

Wall Street Analyst Weigh In

Separately, Atrium Research upgraded Santacruz Silver Mining to a “strong-buy” rating in a research report on Tuesday, January 21st.

Santacruz Silver Mining Price Performance

The company has a quick ratio of 0.51, a current ratio of 1.22 and a debt-to-equity ratio of 0.54. The stock has a fifty day moving average of C$0.51 and a 200-day moving average of C$0.40. The firm has a market capitalization of C$147.65 million, a P/E ratio of 0.97 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.