Atrium Research Comments on CVE:SCZ FY2024 Earnings

Santacruz Silver Mining Ltd. (CVE:SCZ) – Equities researchers at Atrium Research issued their FY2024 EPS estimates for shares of Santacruz Silver Mining in a research note issued to investors on Tuesday, January 21st. Atrium Research analyst B. Pirie forecasts that the company will earn $0.59 per share for the year. 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 $0.04 EPS, Q1 2025 earnings at $0.03 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.04 EPS, FY2025 earnings at $0.16 EPS and FY2026 earnings at $0.19 EPS.

Santacruz Silver Mining Stock Up 0.6 %

SCZ opened at C$0.32 on Thursday. The firm’s 50 day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.33. The company has a market capitalization of C$112.10 million, a PE ratio of 0.56 and a beta of 2.15. Santacruz Silver Mining has a 1-year low of C$0.18 and a 1-year high of C$0.48. The company has a current ratio of 1.13, a quick ratio of 0.51 and a debt-to-equity ratio of 15.33.

Insider Transactions at Santacruz Silver Mining

In related news, Director Arturo Préstamo Elizondo acquired 88,229 shares of the business’s stock in a transaction that occurred on Thursday, October 31st. The stock was bought 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 currently owned by company insiders.

About Santacruz Silver Mining

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.