Santacruz Silver Mining (CVE:SCZ) Trading Down 8.3% – Here’s What Happened

Santacruz Silver Mining Ltd. (CVE:SCZGet Free Report) dropped 8.3% during trading on Tuesday . The stock traded as low as C$11.83 and last traded at C$11.89. Approximately 142,823 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 268,901 shares. The stock had previously closed at C$12.96.

Santacruz Silver Mining Stock Up 1.5%

The company has a market capitalization of C$1.11 billion, a P/E ratio of 18.98 and a beta of 2.30. The company has a current ratio of 1.22, a quick ratio of 0.51 and a debt-to-equity ratio of 0.54. The stock’s fifty day moving average is C$9.34 and its 200 day moving average is C$7.34.

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.

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