Santacruz Silver Mining (TSE:SCZ) has released an update.
Santacruz Silver Mining Ltd. reported a strong second quarter in 2024 with $70 million in revenue and a gross profit of nearly $16 million, highlighting the company’s ability to leverage favorable market conditions for silver and zinc. Despite a robust financial performance, a non-cash charge related to zinc price fluctuations impacted net income. The company emphasized its disciplined cost management and stable average all-in sustaining cost (AISC) as key factors for its long-term financial stability.
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