Shares of Santacruz Silver Mining (NASDAQ:SCZM – Get Free Report) dropped 7.7% during mid-day trading on Thursday . The stock traded as low as $6.23 and last traded at $6.24. 173,930 shares traded hands during trading, a decline of 68% from the average session volume of 537,784 shares. The stock had previously closed at $6.76.
Analyst Ratings Changes
Several equities analysts recently issued reports on SCZM shares. Wall Street Zen upgraded Santacruz Silver Mining from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Weiss Ratings raised shares of Santacruz Silver Mining from a “hold (c-)” rating to a “hold (c+)” rating in a report on Friday, May 22nd. Zacks Research upgraded shares of Santacruz Silver Mining to a “hold” rating in a research report on Tuesday, April 28th. Finally, Maxim Group decreased their price target on shares of Santacruz Silver Mining from $12.00 to $10.00 and set a “buy” rating for the company in a report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $10.00.
Get Our Latest Stock Report on Santacruz Silver Mining
Santacruz Silver Mining Price Performance
Santacruz Silver Mining (NASDAQ:SCZM – Get Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.11). The firm had revenue of $127.53 million for the quarter, compared to the consensus estimate of $124.00 million.
About Santacruz Silver Mining
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.
Further Reading
- Five stocks we like better than Santacruz Silver Mining
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
- Otis Took Another Guidance Cut—But the Story Isn’t Over
Receive News & Ratings for Santacruz Silver Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Santacruz Silver Mining and related companies with MarketBeat.com's FREE daily email newsletter.
