Arturo Préstamo Elizondo Purchases 1,050,000 Shares of Santacruz Silver Mining Ltd. (CVE:SCZ) Stock

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

Santacruz Silver Mining Price Performance

Shares of Santacruz Silver Mining stock remained flat at C$0.40 on Wednesday. The stock had a trading volume of 473,350 shares, compared to its average volume of 359,662. 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 market capitalization of C$100.10 million, a P/E ratio of 0.66 and a beta of 2.15. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.51 and a current ratio of 1.22. The stock’s fifty day moving average is C$0.32 and its 200 day moving average is C$0.33.

Analysts Set New Price Targets

Separately, Atrium Research raised Santacruz Silver Mining to a “strong-buy” rating in a research 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.