Santacruz Silver Mining (CVE:SCZ) Rating Increased to Strong-Buy at Atrium Research

Atrium Research upgraded shares of Santacruz Silver Mining (CVE:SCZ) to a strong-buy rating in a report issued on Tuesday,Zacks.com reports.

Santacruz Silver Mining Trading Down 0.6 %

CVE SCZ traded down C$0.00 during trading on Tuesday, hitting C$0.31. The company had a trading volume of 157,800 shares, compared to its average volume of 190,721. 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 one year low of C$0.18 and a one year high of C$0.48. The company has a market cap of C$110.32 million, a price-to-earnings ratio of 0.55 and a beta of 2.15. The company’s fifty day moving average is C$0.29 and its 200-day moving average is C$0.33.

Insider Buying and Selling at Santacruz Silver Mining

In other news, Director Arturo Préstamo Elizondo acquired 88,229 shares of Santacruz Silver Mining stock in a transaction on Thursday, October 31st. The stock was acquired at an average cost of C$0.39 per share, for a total transaction of C$34,409.31. 7.00% of the stock is owned by company insiders.

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.