Santacruz Silver Mining (CVE:SCZ) Stock Price Down 1.8% – Should You Sell?

Santacruz Silver Mining Ltd. (CVE:SCZ)’s share price traded down 1.8% during trading on Thursday . The company traded as low as C$0.27 and last traded at C$0.28. 336,369 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 455,374 shares. The stock had previously closed at C$0.28.

Santacruz Silver Mining Stock Up 3.6 %

The company has a market cap of C$101.42 million, a P/E ratio of 0.50 and a beta of 2.15. The company has a quick ratio of 0.51, a current ratio of 1.13 and a debt-to-equity ratio of 15.33. The firm has a fifty day moving average price of C$0.36 and a 200 day moving average price of C$0.36.

Insider Buying and Selling at Santacruz Silver Mining

In other news, Director Arturo Préstamo Elizondo bought 91,000 shares of the company’s stock in a transaction dated Friday, October 18th. The stock was bought at an average price of C$0.39 per share, for a total transaction of C$35,035.00. Corporate insiders own 7.00% of the company’s stock.

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.