Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Santacruz Silver Mining ( (TSE:SCZ) ) has issued an update.
On April 16, 2026, Santacruz Silver Mining reported first-quarter 2026 production of 1,341,499 ounces of silver, 21,640 tonnes of zinc, 2,686 tonnes of lead, and 308 tonnes of copper across its Bolivian operations and the Zimapan mine in Mexico. Consolidated silver output was essentially flat versus Q4 2025, while zinc and lead volumes declined quarter-on-quarter and copper rose, with zinc still posting a year-on-year gain and copper up 10% versus Q1 2025.
The quarter was highlighted by a 28% quarter-on-quarter increase in silver production at the Bolivar mine to 259,635 ounces, underscoring continued recovery from localized flooding in May 2025 despite fewer operating days due to Bolivia’s Carnival holiday period. Management also shifted its reporting approach to emphasize actual metal production over silver- and zinc-equivalent metrics, aiming to give investors a clearer view of operational performance and better reflect the strategic contribution of the San Lucas ore sourcing business within its diversified production base.
The most recent analyst rating on (TSE:SCZ) stock is a Buy with a C$12.00 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 SCZ Stock
According to Spark, TipRanks’ AI Analyst, SCZ is a Neutral.
The score is driven primarily by improved financial performance (stronger profitability, rising operating cash flow, and very low debt), tempered by historical and recent volatility in earnings/cash flow quality. Technical indicators are the main drag due to bearish trend signals, while valuation is moderately supportive with a P/E near 11.
To see Spark’s full report on SCZ stock, click here.
More about Santacruz Silver Mining
Santacruz Silver Mining Ltd. is a precious and base metals producer focused on silver and zinc, with a multi-mine portfolio in Bolivia and the Zimapan mine in Mexico. The company operates the Bolivar and Porco mines, the Caballo Blanco group of mines, and the San Lucas ore sourcing business, positioning it as a diversified silver‑zinc co‑product producer with meaningful lead and copper by‑products.
Average Trading Volume: 530,494
Technical Sentiment Signal: Buy
Current Market Cap: C$1.11B
See more data about SCZ stock on TipRanks’ Stock Analysis page.