Santacruz Silver Mining (CVE:SCZ) Shares Down 0.5% – What’s Next?

Santacruz Silver Mining Ltd. (CVE:SCZ)’s share price dropped 0.5% on Thursday . The stock traded as low as C$16.02 and last traded at C$16.78. Approximately 406,433 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 642,649 shares. The stock had previously closed at C$16.87.

Santacruz Silver Mining Trading Down 0.5%

The firm has a market capitalization of C$1.53 billion, a price-to-earnings ratio of 26.22 and a beta of 2.74. The business’s fifty day moving average is C$15.50 and its 200 day moving average is C$11.16. The company has a quick ratio of 0.51, a current ratio of 1.22 and a debt-to-equity ratio of 0.54.

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.