Santacruz Silver Mining (NASDAQ:SCZM) Upgraded to Buy at Wall Street Zen

Santacruz Silver Mining (NASDAQ:SCZM) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Other equities analysts have also recently issued reports about the company. Weiss Ratings started coverage on Santacruz Silver Mining in a report on Tuesday, April 7th. They issued a “hold (c)” rating for the company. Maxim Group started coverage on Santacruz Silver Mining in a report on Wednesday, April 8th. They issued a “buy” rating and a $12.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.

Santacruz Silver Mining Price Performance

SCZM opened at $9.20 on Friday. Santacruz Silver Mining has a 12-month low of $1.35 and a 12-month high of $17.65.

Santacruz Silver Mining Company Profile

Santacruz Silver Mining Inc (Nasdaq: SCZM) is a precious metals company focused on the exploration, development and production of silver and gold resources. The company’s business centers on acquiring and advancing mineral properties, conducting exploration programs to expand resources, and operating or re‑starting mines to produce payable metal. As a publicly traded issuer, Santacruz reports results and project updates through routine regulatory filings and investor communications.

Operationally, Santacruz is primarily involved in the full cycle of mining activities that include drilling and resource definition, mine development and production, on‑site ore processing or concentrate production, and the sale of metal production to smelters and concentrate buyers.