Santacruz Silver Mining (CVE:SCZ) Stock Price Down 3.6% – Time to Sell?

Santacruz Silver Mining Ltd. (CVE:SCZ) shares were down 3.6% on Thursday . The company traded as low as C$9.48 and last traded at C$10.30. Approximately 786,562 shares were traded during mid-day trading, an increase of 32% from the average daily volume of 594,535 shares. The stock had previously closed at C$10.69.

Santacruz Silver Mining Trading Down 6.9%

The stock has a market capitalization of C$876.01 million, a PE ratio of 14.98 and a beta of 2.02. The stock’s 50 day moving average price is C$15.43 and its 200-day moving average price is C$11.96. The company has a quick ratio of 0.51, a current ratio of 1.58 and a debt-to-equity ratio of 18.66.

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.