Atrium Research Upgrades Santacruz Silver Mining (CVE:SCZ) to “Strong-Buy”

Santacruz Silver Mining (CVE:SCZ) was upgraded by investment analysts at Atrium Research to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Santacruz Silver Mining Trading Down 0.6 %

Shares of Santacruz Silver Mining stock traded down C$0.00 during trading hours on Tuesday, hitting C$0.31. The company’s stock had a trading volume of 137,800 shares, compared to its average volume of 190,621. The company has a debt-to-equity ratio of 15.33, a current ratio of 1.13 and a quick ratio of 0.51. The company has a market capitalization of C$110.32 million, a PE ratio of 0.55 and a beta of 2.15. Santacruz Silver Mining has a 12 month low of C$0.18 and a 12 month high of C$0.48. The stock has a 50 day moving average of C$0.29 and a 200 day moving average of C$0.33.

Insider Buying and Selling

In other news, Director Arturo Préstamo Elizondo acquired 88,229 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was acquired at an average cost of C$0.39 per share, for a total transaction of C$34,409.31. 7.00% of the stock is owned by corporate insiders.

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.