Atrium Research Has Bullish Outlook for SCZM FY2027 Earnings

Santacruz Silver Mining (NASDAQ:SCZM) – Stock analysts at Atrium Research upped their FY2027 EPS estimates for Santacruz Silver Mining in a research report issued to clients and investors on Friday, September 18th. Atrium Research analyst B. Pirie now anticipates that the company will earn $2.15 per share for the year, up from their previous forecast of $2.02. The consensus estimate for Santacruz Silver Mining’s current full-year earnings is $1.06 per share.

Santacruz Silver Mining (NASDAQ:SCZM) last announced its quarterly earnings data on Friday, August 14th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.35). Santacruz Silver Mining had a net margin of 9.97% and a return on equity of 21.55%. The firm had revenue of $113.46 million during the quarter, compared to analyst estimates of $135.00 million.

SCZM has been the subject of several other research reports. Maxim Group cut their price objective on Santacruz Silver Mining from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Friday, July 17th. Wall Street Zen cut shares of Santacruz Silver Mining from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Finally, Weiss Ratings cut shares of Santacruz Silver Mining from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, September 2nd. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $10.00.

Santacruz Silver Mining Stock Down 5.2%

SCZM opened at $9.03 on Tuesday. Santacruz Silver Mining has a 12 month low of $4.68 and a 12 month high of $17.65. The firm has a market cap of $839.79 million and a PE ratio of 28.22. The company has a 50 day simple moving average of $8.37.

Institutional Trading of Santacruz Silver Mining

Large investors have recently bought and sold shares of the company. Tidal Investments LLC purchased a new stake in shares of Santacruz Silver Mining in the 2nd quarter worth about $122,000. Engineers Gate Manager LP purchased a new position in Santacruz Silver Mining during the 2nd quarter valued at about $148,000. NewEdge Advisors LLC purchased a new position in Santacruz Silver Mining during the 2nd quarter valued at about $212,000. Squarepoint Ops LLC acquired a new position in Santacruz Silver Mining during the second quarter worth about $238,000. Finally, TD Waterhouse Canada Inc. acquired a new position in Santacruz Silver Mining during the second quarter worth about $51,000.

Santacruz Silver Mining Company Profile

Santacruz Silver Mining Ltd. is a Canadian mining company focused on the acquisition, exploration, development and operation of silver and polymetallic properties. The company produces silver along with lead, zinc and other associated metals from its mining operations and processing facilities.

Santacruz’s principal operating activities are located in Mexico, a country with a long-established mining industry. Its portfolio has included the Zimapan mining complex in Hidalgo, the Rosario mine in San Luis Potosí and the Veta Grande project in Zacatecas.