FY2027 Earnings Estimate for SCZM Issued By Atrium Research

Santacruz Silver Mining (NASDAQ:SCZM) – Atrium Research reduced their FY2027 earnings per share (EPS) estimates for shares of Santacruz Silver Mining in a research note issued on Thursday, October 22nd. Atrium Research analyst B. Pirie now anticipates that the company will post earnings of $1.98 per share for the year, down from their previous estimate of $2.15. The consensus estimate for Santacruz Silver Mining’s current full-year earnings is $0.96 per share.

Other equities analysts have also recently issued reports about the stock. Maxim Group reduced their price objective on shares of Santacruz Silver Mining from $12.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, July 17th. Zacks Research raised shares of Santacruz Silver Mining from a “hold” rating to a “strong-buy” rating in a report on Friday, October 16th. Wall Street Zen cut shares of Santacruz Silver Mining from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. Finally, Weiss Ratings upgraded shares of Santacruz Silver Mining from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Santacruz Silver Mining has a consensus rating of “Buy” and an average price target of $10.00.

Santacruz Silver Mining Stock Up 1.3%

SCZM opened at $7.04 on Monday. The business’s 50 day simple moving average is $9.03. Santacruz Silver Mining has a fifty-two week low of $4.68 and a fifty-two week high of $17.65.

Santacruz Silver Mining (NASDAQ:SCZM) last issued its earnings results on Friday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.35). Santacruz Silver Mining had a net margin of 9.97% and a return on equity of 21.55%. The business had revenue of $113.46 million during the quarter, compared to the consensus estimate of $135.00 million.

Hedge Funds Weigh In On Santacruz Silver Mining

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. U S Global Investors Inc. acquired a new position in shares of Santacruz Silver Mining during the 3rd quarter worth about $3,091,000. Susquehanna International Group LLP bought a new stake in shares of Santacruz Silver Mining in the 2nd quarter valued at about $401,000. NewEdge Advisors LLC bought a new stake in shares of Santacruz Silver Mining in the 2nd quarter valued at about $212,000. Compass Ion Advisors LLC acquired a new stake in shares of Santacruz Silver Mining in the 3rd quarter valued at approximately $95,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of Santacruz Silver Mining in the 2nd quarter valued at approximately $148,000.

Santacruz Silver Mining Company Profile

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.