Santacruz Silver Mining (CVE:SCZ) Stock Price Down 13% – Here’s What Happened

Santacruz Silver Mining Ltd. (CVE:SCZ) fell 13% during mid-day trading on Thursday . The company traded as low as C$14.60 and last traded at C$14.87. 256,098 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 672,964 shares. The stock had previously closed at C$17.10.

Santacruz Silver Mining Trading Up 6.0%

The company’s 50 day moving average price is C$14.76 and its 200 day moving average price is C$10.22. The company has a market cap of C$1.37 billion, a price-to-earnings ratio of 23.52 and a beta of 2.74. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.51 and a current ratio of 1.22.

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.