Santacruz Silver Completes Third Payment to Glencore in Bolivian Assets Acquisition

Santacruz Silver Mining ( (TSE:SCZ) ) has provided an update.

Santacruz Silver Mining Ltd. has announced the completion of its third payment of $7.5 million to Glencore as part of a structured payment plan totaling $40 million for the acquisition of Bolivian assets. This payment highlights Santacruz’s commitment to financial discipline and long-term value creation, with $15 million remaining to be paid by October 31, 2025. The company emphasizes its strong relationship with Glencore as a key asset in advancing its strategic priorities.

The most recent analyst rating on (TSE:SCZ) stock is a Buy with a C$0.90 price target. To see the full list of analyst forecasts on Santacruz Silver Mining stock, see the TSE:SCZ Stock Forecast page.

Spark’s Take on TSE:SCZ Stock

According to Spark, TipRanks’ AI Analyst, TSE:SCZ is a Outperform.

Santacruz Silver Mining is on an upward trajectory with strong financial recovery and positive technical momentum. Its significantly low P/E ratio highlights its undervaluation, while recent production improvements signal operational strength. Historical equity challenges are a risk, but overall, the company shows promising growth potential.

To see Spark’s full report on TSE:SCZ stock, click here.

More about Santacruz Silver Mining

Santacruz Silver Mining Ltd. is involved in the operation, acquisition, exploration, and development of mineral properties across Latin America. The company operates several mining complexes in Bolivia, including the Bolivar, Porco, and Caballo Blanco complexes, and oversees the Soracaya exploration project. In Mexico, it operates the Zimapán mine.

Average Trading Volume: 915,042

Technical Sentiment Signal: Buy

Current Market Cap: C$387.9M

For an in-depth examination of SCZ stock, go to TipRanks’ Overview page.