Santacruz Silver Mining (CVE:SCZ) Stock Price Down 2.8% – Should You Sell?

Santacruz Silver Mining Ltd. (CVE:SCZ) was down 2.8% on Monday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 112,810 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 147,127 shares. The stock had previously closed at C$0.29.

Santacruz Silver Mining Price Performance

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 business has a 50 day moving average of C$0.31 and a 200 day moving average of C$0.34. The company has a market cap of C$99.64 million, a PE ratio of 0.50 and a beta of 2.15.

Insider Buying and Selling at Santacruz Silver Mining

In other Santacruz Silver Mining news, Director Arturo Préstamo Elizondo acquired 88,229 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were bought at an average price of C$0.39 per share, with a total value of C$34,409.31. 7.00% of the stock is owned by company insiders.

About Santacruz Silver Mining

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.