Santacruz Silver Mining (SCZ) AI Stock Analysis

• Market Cap: C$639.42M
• Dividend Yield: N/A
• Average Volume (3M): 1.74M
• Price to Earnings (P/E): 6.9
• Beta (1Y): 2.54
• Revenue Growth: 21.03%
• EPS Growth: -48.39%
• Country: CA
• Employees: 455
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Silver
• EPS (TTM): 0.28
• Shares Outstanding: 365,384,500
• 10 Day Avg. Volume: 1,827,079
• 30 Day Avg. Volume: 1,735,448
• PEG Ratio: <0.01
• Price to Book (P/B): 2.08
• Price to Sales (P/S): 0.97
• P/FCF Ratio: 8.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$3.10
• Price Target Upside: -77.87% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: C$3.50 ▼(-75.02% Downside)

Santacruz Silver Mining's strong financial performance and positive corporate events are the most significant factors driving the score. The technical analysis suggests bullish momentum, though caution is advised due to potential overbought conditions. The valuation is attractive, but the lack of a dividend yield may limit appeal for some investors.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and effective operational strategies, enhancing long-term business sustainability.

Cash Flow Generation

Strong cash flow generation supports reinvestment in operations and provides financial flexibility, crucial for long-term growth and stability.

Balance Sheet Health

A low debt-to-equity ratio indicates a solid financial position, reducing risk and enhancing the company's ability to withstand economic fluctuations.

Negative Factors

Historical Volatility

Past income and cash flow volatility may indicate underlying operational risks, potentially affecting future financial stability and investor confidence.

Earnings Volatility

Earnings volatility can lead to unpredictable financial performance, impacting investor trust and the company's ability to plan long-term strategies.

Negative Cash Flows

Historical negative cash flows may indicate challenges in maintaining consistent cash generation, affecting long-term operational and financial planning.

Santacruz Silver Mining Business Overview & Revenue Model

Company Description

Santacruz Silver Mining Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company primarily explores for silver and zinc, as well as lead and copper deposits. It holds interests in the Zimapan Mine that consists of 34 mining concessions covering an area of 5,139 hectares located in Hidalgo, Mexico; and two exploration properties, which include the La Pechuga Property and the Santa Gorgonia Prospect. The company was formerly known as Forte Resources Inc. and changed its name to Santacruz Silver Mining Ltd. in April 2012. Santacruz Silver Mining Ltd. was incorporated in 2011 and is based in Vancouver, Canada.

How the Company Makes Money

Santacruz Silver Mining generates revenue primarily through the extraction and sale of silver and other metals from its mining projects in Mexico. The company operates several properties, including the Rosario project and the Veta Grande project, where it extracts valuable minerals and sells them to metal purchasers and refiners. Key revenue streams include the direct sale of silver, gold, and other by-products obtained during the mining process. Additionally, Santacruz may enter into strategic partnerships or joint ventures with other mining companies or stakeholders to enhance its operational capabilities and expand its market reach. Fluctuations in the global prices of silver and other metals, as well as the efficiency of its mining operations, play significant roles in the company's overall earnings.

Santacruz Silver Mining Financial Statement Overview

Summary

Santacruz Silver Mining demonstrates strong recent financial performance with significant revenue and profit growth, efficient operations, and prudent financial management. However, historical volatility in income and cash flows, along with past leverage issues, suggest the need for cautious optimism.

Income Statement

Santacruz Silver Mining has shown impressive revenue growth with a TTM increase of 93.4%. The gross profit margin improved to 28.1%, and the net profit margin is strong at 14.9%. The EBIT and EBITDA margins are robust at 30.8% and 37.5%, respectively, indicating efficient operations. However, past fluctuations in net income and margins suggest potential volatility.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.057, reflecting prudent financial leverage. The return on equity is strong at 32.1%, indicating effective use of equity to generate profits. The equity ratio stands at 44.0%, showing a solid equity base. Historical high leverage and negative equity in past years highlight potential risks.

Cash Flow

Free cash flow growth is significant at 87.7%, and the free cash flow to net income ratio is healthy at 52.1%. The operating cash flow to net income ratio is 69.2%, indicating good cash conversion. Despite strong recent performance, past negative cash flows and fluctuations suggest caution.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	303.52M	282.99M	251.26M	278.59M	53.33M	33.10M
Gross Profit	94.22M	76.93M	63.98M	22.87M	10.30M	988.00K
EBITDA	123.56M	52.52M	50.70M	4.91M	-815.00K	111.00K
Net Income	64.35M	164.48M	16.15M	-18.51M	-11.56M	-1.49M
Balance Sheet
Total Assets	369.98M	374.02M	339.04M	337.52M	60.91M	32.83M
Cash, Cash Equivalents and Short-Term Investments	52.04M	35.72M	5.01M	7.38M	5.04M	430.00K
Total Debt	23.31M	3.35M	17.77M	22.21M	12.34M	6.76M
Total Liabilities	207.01M	242.68M	333.62M	350.56M	58.18M	42.25M
Stockholders Equity	162.98M	131.35M	5.42M	-13.04M	2.74M	-9.42M
Cash Flow
Free Cash Flow	56.77M	31.81M	8.10M	13.60M	-25.07M	-6.45M
Operating Cash Flow	84.27M	54.43M	29.77M	29.37M	-1.47M	-4.81M
Investing Cash Flow	-60.75M	-20.92M	-23.13M	-2.34M	-21.10M	-2.63M
Financing Cash Flow	8.40M	-2.55M	-6.30M	-23.34M	22.90M	7.76M

Santacruz Silver Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.01
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SCZ, the sentiment is Positive. The current price of 14.01 is above the 20-day moving average (MA) of 10.25, above the 50-day MA of 9.23, and above the 200-day MA of 5.60, indicating a bullish trend. The MACD of 1.42 indicates Negative momentum. The RSI at 72.66 is Negative, neither overbought nor oversold. The STOCH value of 82.74 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SCZ.

Santacruz Silver Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SCZ	78 Outperform	C$639.42M	6.93	47.13%	―	21.03%	-48.39%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
DV	42 Neutral	C$448.51M	-17.81	-26.19%	―	―	-5.25%
SVE	35 Underperform	$90.10M	-31.31	-5.64%	―	―	13.33%
APGO	34 Underperform	C$246.11M	-27.42	-130.74%	―	―	-135.80%
SVRS	34 Underperform	C$245.19M	-12.09	-43.69%	―	―	-175.76%

Santacruz Silver Mining Corporate Events

Santacruz Silver Mining Reports Transformative Q3 2025 Results

Santacruz Silver Mining Ltd. reported its financial results for the third quarter of 2025, highlighting a transformative period with significant financial improvements. The company achieved a 2% increase in revenue and a 28% rise in gross profit year-over-year, despite a 7% decrease in net income. The quarter was marked by the final payment for the acquisition of Bolivian assets, eliminating a major liability and strengthening the balance sheet. Operationally, production remained steady, with challenges at the Bolívar mine being addressed through remediation efforts. The company is focused on operational efficiency and long-term value creation, despite increased costs due to various factors.

Santacruz Silver Mining Announces 2025 AGM Results and Nasdaq Listing Plans

Santacruz Silver Mining Ltd. announced the results of its 2025 Annual General and Special Meeting, where shareholders approved all matters, including the re-election of directors and a proposed consolidation of common shares. This consolidation is aimed at meeting Nasdaq’s listing requirements, signaling a strategic move to enhance the company’s market positioning.

Santacruz Silver Mining Appoints Bruce Wolfson to Board Amid Leadership Transition

Santacruz Silver Mining Ltd. has announced the appointment of Bruce Wolfson to its board of directors. With over 40 years of experience in international finance and emerging markets, Wolfson is expected to bring valuable insights as Santacruz positions itself for long-term growth. His expertise in Latin America and global investment will be instrumental in advancing the company’s strategic objectives. Concurrently, Roland Löhner will step down from the board after over a decade of service, during which he provided significant guidance and support through transformative periods for the company.

Santacruz Silver Mining Reports Q3 2025 Production Amid Bolívar Mine Challenges

Santacruz Silver Mining Ltd. reported a production of 3,424,817 silver equivalent ounces in Q3 2025, with significant contributions from its Bolivian and Mexican operations. The company faced challenges at the Bolívar mine due to a water inflow event, which restricted access to high silver grade areas. In response, Santacruz has been enhancing its pumping system to facilitate dewatering and expects to resume production in these areas by February 2026. Despite these challenges, the company maintained steady production through strong performances at other sites, indicating resilience and adaptability in its operations.

Santacruz Silver Mining Aims for Nasdaq Listing Amid Strategic Growth Plans

Santacruz Silver Mining Ltd. has announced its intention to list its common shares on the Nasdaq Capital Market, marking a significant milestone in its growth strategy. The company aims to increase transparency, liquidity, and visibility within the U.S. capital markets, thereby strengthening its position as a leading silver producer. At the upcoming Annual General and Special Meeting, shareholders will vote on a proposed share consolidation to meet Nasdaq’s listing requirements, which could impact the number of shares outstanding and enhance shareholder value.

Santacruz Silver Advances Soracaya Project Towards Production

Santacruz Silver Mining Ltd. has initiated development activities and is pursuing full production permitting for its Soracaya Project in Bolivia, marking a significant step towards a production decision. The project is seen as a cornerstone for the company’s growth in Bolivia, with its high-grade resources and strategic location expected to deliver long-term value. The company is focused on completing permitting and advancing the project towards full construction, aligning with its strategy to expand its production base in Bolivia.