Santacruz Silver Mining (CVE:SCZ) Trading Down 11.9% – Should You Sell?

Santacruz Silver Mining Ltd. (CVE:SCZGet Free Report) was down 11.9% during trading on Friday . The company traded as low as C$11.78 and last traded at C$11.78. Approximately 124,928 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 469,939 shares. The stock had previously closed at C$13.37.

Analyst Upgrades and Downgrades

Separately, Maxim Group upgraded Santacruz Silver Mining to a “strong-buy” rating in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

View Our Latest Analysis on SCZ

Santacruz Silver Mining Stock Down 10.6%

The firm has a fifty day simple moving average of C$11.87 and a 200-day simple moving average of C$12.57. The company has a market capitalization of C$1.10 billion, a P/E ratio of 25.98 and a beta of 2.83. The company has a quick ratio of 0.51, a current ratio of 1.41 and a debt-to-equity ratio of 0.87.

About Santacruz Silver Mining

(Get Free Report)

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.

See Also

Receive News & Ratings for Santacruz Silver Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Santacruz Silver Mining and related companies with MarketBeat.com's FREE daily email newsletter.