Equities Analysts Offer Predictions for SCZM FY2027 Earnings

Santacruz Silver Mining (NASDAQ:SCZM) – Research analysts at Atrium Research raised their FY2027 earnings estimates for Santacruz Silver Mining in a research note issued to investors on Friday, September 18th. Atrium Research analyst B. Pirie now forecasts that the company will post earnings per share of $2.15 for the year, up from their prior 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 posted its earnings results on Friday, August 14th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.35). The business had revenue of $113.46 million during the quarter, compared to analysts’ expectations of $135.00 million. Santacruz Silver Mining had a return on equity of 21.55% and a net margin of 9.97%.

A number of other research firms have also commented on SCZM. Weiss Ratings lowered shares of Santacruz Silver Mining from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, September 2nd. Maxim Group decreased their price target on shares of Santacruz Silver Mining from $12.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, July 17th. Finally, Wall Street Zen cut shares of Santacruz Silver Mining from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $10.00.

Santacruz Silver Mining Stock Down 7.0%

Santacruz Silver Mining stock opened at $8.88 on Tuesday. Santacruz Silver Mining has a one year low of $4.68 and a one year high of $17.65. The stock has a fifty day moving average of $8.48. The company has a market capitalization of $825.84 million and a price-to-earnings ratio of 27.75.

Hedge Funds Weigh In On Santacruz Silver Mining

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

About Santacruz Silver Mining

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.