Santacruz Silver Mining (NASDAQ:SCZM – Free Report) – Stock analysts at Atrium Research dropped their FY2027 earnings estimates for shares of Santacruz Silver Mining in a research report issued on Thursday, October 22nd. Atrium Research analyst B. Pirie now anticipates that the company will earn $1.98 per share for the year, down from their previous forecast of $2.15. The consensus estimate for Santacruz Silver Mining’s current full-year earnings is $0.96 per share.
A number of other analysts have also recently commented on SCZM. Zacks Research cut shares of Santacruz Silver Mining from a “strong-buy” rating to a “hold” rating in a report on Friday, October 23rd. Wall Street Zen cut shares of Santacruz Silver Mining from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Weiss Ratings downgraded shares of Santacruz Silver Mining from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday. Finally, Maxim Group cut their price objective on shares of Santacruz Silver Mining from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Friday, July 17th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Santacruz Silver Mining currently has a consensus rating of “Hold” and a consensus price target of $10.00.
Read Our Latest Research Report on Santacruz Silver Mining
Santacruz Silver Mining Price Performance
Shares of NASDAQ SCZM opened at $7.51 on Monday. The firm’s 50 day simple moving average is $8.97. The company has a market capitalization of $698.39 million and a price-to-earnings ratio of 23.47. Santacruz Silver Mining has a 12-month low of $4.68 and a 12-month high of $17.65.
Santacruz Silver Mining (NASDAQ:SCZM – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.35). The firm had revenue of $113.46 million for the quarter, compared to analysts’ expectations of $135.00 million.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in SCZM. Compass Ion Advisors LLC purchased a new stake in Santacruz Silver Mining in the 3rd quarter worth approximately $95,000. U S Global Investors Inc. bought a new stake in Santacruz Silver Mining during the 3rd quarter worth approximately $3,091,000. Tidal Investments LLC bought a new stake in Santacruz Silver Mining during the 2nd quarter worth approximately $122,000. Engineers Gate Manager LP bought a new stake in Santacruz Silver Mining during the 2nd quarter worth approximately $148,000. Finally, NewEdge Advisors LLC purchased a new position in Santacruz Silver Mining during the second quarter valued at approximately $212,000.
About Santacruz Silver Mining
Santacruz Silver Mining Ltd. is a Canadian mining company focused on the exploration, development and operation of silver, lead and zinc properties in Mexico. The company produces mineral concentrates containing silver and base metals, which are sold to smelters and other processing customers.
Santacruz’s Mexican operating portfolio has included the Zimapan mine complex in Hidalgo, the La Encantada mine in Coahuila and the Rosario mine in San Luis Potosi, along with the Veta Grande property in Zacatecas.
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