Insider Buying: Santacruz Silver Mining Ltd. (CVE:SCZ) Director Buys 1,050,000 Shares of Stock

Santacruz Silver Mining Ltd. (CVE:SCZ) Director Arturo Préstamo Elizondo purchased 1,050,000 shares of Santacruz Silver Mining stock in a transaction on Tuesday, February 18th. The stock was bought at an average price of C$0.40 per share, with a total value of C$420,000.00.

Santacruz Silver Mining Stock Up 3.7 %

Shares of CVE SCZ opened at C$0.42 on Friday. The stock has a market capitalization of C$103.85 million, a P/E ratio of 0.68 and a beta of 2.15. The company has a 50-day moving average price of C$0.32 and a 200-day moving average price of C$0.33. Santacruz Silver Mining Ltd. has a 1 year low of C$0.18 and a 1 year high of C$0.48. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.22 and a quick ratio of 0.51.

Analysts Set New Price Targets

Separately, Atrium Research upgraded shares of Santacruz Silver Mining to a “strong-buy” rating in a report on Tuesday, January 21st.

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.