Insider Selling: Santacruz Silver Mining (CVE:SCZ) Director Sells C$130,800.00 in Stock

Santacruz Silver Mining Ltd. (CVE:SCZ – Get Free Report) Director Larry Minoru Okada sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of C$13.08, for a total transaction of C$130,800.00. Following the completion of the transaction, the director owned 376,667 shares of the company’s stock, valued at C$4,926,804.36. This trade represents a 2.59% decrease in their position.

Santacruz Silver Mining Stock Up 4.8%

Shares of SCZ stock opened at C$13.90 on Friday. The firm has a fifty day moving average of C$10.31 and a 200-day moving average of C$11.48. The company has a quick ratio of 0.51, a current ratio of 1.51 and a debt-to-equity ratio of 21.20. Santacruz Silver Mining Ltd. has a 12-month low of C$6.60 and a 12-month high of C$23.90. The company has a market capitalization of C$1.29 billion, a price-to-earnings ratio of 30.89 and a beta of 3.33.

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About Santacruz Silver Mining

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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.

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