Debt ReductionSantacruz announced that it plans to accelerate its debt payments to Glencore, saving $40M and cleaning up the balance sheet.
Growth PotentialWith the payments to Glencore behind it, SCZ is well-positioned to allocate cash toward growth initiatives, M&A, and returning capital to shareholders, building on its proven success with the Bolivian portfolio acquisition.
Market PerformanceThe market has finally started to wake up to the cash flow generation of SCZ’s assets at spot silver prices, the stock up 233% YTD.