Santacruz Silver Mining (CVE:SCZ) Shares Down 0.8% on Insider Selling

Santacruz Silver Mining Ltd. (CVE:SCZ)’s share price traded down 0.8% during mid-day trading on Tuesday following insider selling activity. The stock traded as low as C$1.22 and last traded at C$1.28. 818,420 shares changed hands during trading, an increase of 13% from the average session volume of 722,570 shares. The stock had previously closed at C$1.29.

Specifically, Director Roland Lohner sold 50,000 shares of the firm’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of C$1.28, for a total transaction of C$64,005.00. Also, Director Roland Lohner sold 50,000 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of C$1.45, for a total transaction of C$72,500.00. In other news, Director W. Barry Girling sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of C$1.36, for a total value of C$27,160.00.

Santacruz Silver Mining Stock Performance

The company has a market cap of C$292.79 million, a P/E ratio of 1.93 and a beta of 2.15. The company’s fifty day moving average is C$1.04 and its 200 day moving average is C$0.66. The company has a current ratio of 1.22, a quick ratio of 0.51 and a debt-to-equity ratio of 0.54.

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.