What’s Ahead for Santacruz Silver Mining Ltd After Today’s Huge Decline?

 What's Ahead for Santacruz Silver Mining Ltd After Today's Huge Decline?

The stock of Santacruz Silver Mining Ltd (CVE:SCZ) is a huge mover today! The stock last traded at $0.38 per share. It is down 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 8 months negative chart setup for the $61.95M company. It was reported on Nov, 17 by Barchart.com. We have $0.33 PT which if reached, will make CVE:SCZ worth $8.67M less.

More recent Santacruz Silver Mining Ltd (CVE:SCZ) news were published by: Reuters.com which released: “Santacruz Silver Mining says one dead in accident at Mexico mine” on November 11, 2016. Also Seekingalpha.com published the news titled: “Substantial Upside In Santacruz Silver Mining” on April 01, 2016. Seekingalpha.com‘s news article titled: “Santacruz Silver Mining: Back From Verge Of Bankruptcy” with publication date: July 11, 2016 was also an interesting one.

Santacruz Silver Mining Ltd. is a Canada company, which is engaged in the operation, acquisition, exploration and development of mineral properties in Mexico, with a primary focus on silver and zinc, including gold and lead. The company has a market cap of $61.95 million. The Company’s divisions include Rosario Mine; Veta Grande Mine; Exploration and evaluation properties, and Corporate and other. It currently has negative earnings. The Firm focuses on a producing property, the Rosario Mine, and a development stage property, the Veta Grande Mine.

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