Santacruz Silver Mining (OTCMKTS:SCZMF) Trading 7.8% Higher – Should You Buy?

Santacruz Silver Mining Ltd. (OTCMKTS:SCZMF) was up 7.8% during mid-day trading on Tuesday . The stock traded as high as $12.5040 and last traded at $12.4865. Approximately 405,608 shares were traded during trading, an increase of 27% from the average daily volume of 318,534 shares. The stock had previously closed at $11.58.

Santacruz Silver Mining Stock Performance

The business has a 50-day moving average of $8.83.

Santacruz Silver Mining Ltd is a Toronto‐listed resource company that acquires, explores, develops and produces silver and base metal assets in Mexico. Its primary operations include the Veta Grande silver-lead-zinc mine in the historic Zacatecas district and the Rosario open‐pit project within the Fresnillo Silver Trend. The company’s production profile is driven by silver, gold, lead and zinc recovered through conventional milling and flotation processes at on-site facilities.

Since its founding, Santacruz Silver has focused on growth through the acquisition of near-term production opportunities and the systematic exploration of its property portfolio.