Santacruz Silver Mining (CVE:SCZ) Stock Price Down 3.5% – Should You Sell?

Santacruz Silver Mining Ltd. (CVE:SCZ) dropped 3.5% during mid-day trading on Tuesday . The company traded as low as C$11.76 and last traded at C$11.99. 239,462 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 358,286 shares. The stock had previously closed at C$12.43.

Santacruz Silver Mining Trading Down 3.5%

The stock has a market cap of C$1.11 billion, a PE ratio of 26.64 and a beta of 3.34. The stock has a 50-day moving average price of C$11.34 and a two-hundred day moving average price of C$11.36. The company has a debt-to-equity ratio of 21.20, a current ratio of 1.51 and a quick ratio of 0.51.

Insider Buying and Selling at Santacruz Silver Mining

In other Santacruz Silver Mining news, Director Larry Minoru Okada sold 10,000 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of C$13.08, for a total transaction of C$130,800.00. Following the transaction, the director owned 376,667 shares in the company, valued at C$4,926,804.36. The trade was a 2.59% decrease in their ownership of the stock. Also, Director Jorge Federico Villasenor sold 50,000 shares of the stock in a transaction on Thursday, July 9th. The shares were sold at an average price of C$9.44, for a total transaction of C$472,000.00. Following the completion of the sale, the director directly owned 606,667 shares in the company, valued at approximately C$5,726,936.48. This represents a 7.61% decrease in their position. 7.00% of the stock is owned by 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.