Santacruz Silver Mining (CVE:SCZ) Director Jorge Federico Villasenor Sells 50,000 Shares

Santacruz Silver Mining Ltd. (CVE:SCZ) Director Jorge Federico Villasenor sold 50,000 shares of the company’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of C$9.44, for a total value of C$472,000.00. Following the completion of the transaction, the director directly owned 606,667 shares in the company, valued at C$5,726,936.48. This represents a 7.61% decrease in their position.

Santacruz Silver Mining Price Performance

Shares of CVE:SCZ traded up C$0.55 on Tuesday, reaching C$9.09. 180,871 shares of the company traded hands, compared to its average volume of 392,258. The stock has a market capitalization of C$843.02 million, a PE ratio of 13.98 and a beta of 3.30. The company has a debt-to-equity ratio of 4.06, a current ratio of 1.54 and a quick ratio of 0.51. The company’s 50 day moving average is C$10.15 and its 200-day moving average is C$12.52. Santacruz Silver Mining Ltd. has a fifty-two week low of C$4.46 and a fifty-two week high of C$23.90.

Wall Street Analysts Forecast Growth

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

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.