Brokers Offer Predictions for CVE:SCZ FY2027 Earnings

Santacruz Silver Mining Ltd. (CVE:SCZ) – Equities researchers at Atrium Research upped their FY2027 earnings per share (EPS) estimates for shares of Santacruz Silver Mining in a report issued on Friday, September 18th. Atrium Research analyst B. Pirie now anticipates that the company will post earnings of $3.01 per share for the year, up from their previous forecast of $2.83. The consensus estimate for Santacruz Silver Mining’s current full-year earnings is $0.01 per share.

Santacruz Silver Mining Price Performance

Shares of SCZ stock opened at C$12.66 on Tuesday. Santacruz Silver Mining has a 12 month low of C$6.86 and a 12 month high of C$23.90. The company has a quick ratio of 0.51, a current ratio of 1.51 and a debt-to-equity ratio of 21.20. The firm has a market cap of C$1.18 billion, a PE ratio of 28.13 and a beta of 3.34. The stock has a 50 day moving average of C$11.60 and a 200-day moving average of C$11.24.

Insiders Place Their Bets

In other news, Director Larry Minoru Okada sold 10,000 shares of the company’s stock in a transaction dated 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 approximately C$4,926,804.36. This represents a 2.59% decrease in their ownership of the stock. Also, Director Jorge Federico Villasenor sold 50,000 shares of Santacruz Silver Mining stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of C$9.44, for a total value of C$472,000.00. Following the sale, the director directly owned 606,667 shares in the company, valued at approximately C$5,726,936.48. This trade represents a 7.61% decrease in their ownership of the stock. 7.00% of the stock is owned by corporate insiders.

Santacruz Silver Mining Company Profile

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.