Santacruz Silver Mining (CVE:SCZ) Upgraded at Maxim Group

Maxim Group upgraded shares of Santacruz Silver Mining (CVE:SCZ) to a strong-buy rating in a report published on Wednesday morning,Zacks.com reports.

Santacruz Silver Mining Price Performance

SCZ stock opened at C$11.09 on Wednesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.41 and a quick ratio of 0.51. The business has a 50 day simple moving average of C$13.29 and a 200-day simple moving average of C$12.19. The firm has a market capitalization of C$1.02 billion, a PE ratio of 24.11 and a beta of 2.71. Santacruz Silver Mining has a 1 year low of C$1.84 and a 1 year high of C$23.90.

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.