Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Santacruz Silver Mining Ltd. (V:SCZ)

Business Focus: Silver Mining

Log in or join to add this stock to your watch list.
Sector:  Basic Materials Industry:  Precious Metals & Minerals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 580 Hornby St Suite 880
VANCOUVER BC V6C 3B6
Tel: 1-604-5691609
Website: www.santacruzsilver.com
IR: See website
Key People
Arturo Prestamo
President, Chief Executive Officer, Director
Robert G. McMorran
Chief Financial Officer
Carlos Alberto Silva Ramos
Chief Operating Officer
Business Overview
Santacruz Silver Mining Ltd. is a Canada-based company, which is engaged in the operation, acquisition, exploration and development of mineral properties in Mexico, with a primary focus on silver and zinc, including gold and lead. Its segments include Rosario Mine; Veta Grande Mine; Exploration and evaluation properties, and Corporate and other. The Company focuses on a producing property, the Rosario Mine, and a development stage property, the Veta Grande Mine. In addition, it holds approximately four exploration properties in its mineral property portfolio, the San Felipe Project, the Gavilanes Project, the El Gachi Property, and the Minillas Property. The Rosario Mine consists of the Rey David and San Rafael mining concessions, which are located in the Municipality of Charcas in the State of San Luis Potosi, Mexico, approximately 184 kilometers north of the capital city of San Luis Potosi. The Veta Grande milling facility operates at approximately 330 tons per day.
Financial Overview
For the six months ended 30 June 2019, Santacruz Silver Mining Ltd revenues decreased 10% to $7.4M. Net loss totaled $3M vs. income of $2.5M. Revenues reflect Mining services decrease of 72% to $1.7M. Net loss reflects Debt forgiveness decrease from $2.6M (income) to $0K, Foreign Exchange Loss increase from $0K to $906K (expense), Administrative increase from $141K to $401K (expense).
Employees: 455 as of Dec 31, 2015
Reporting Currency: U.S. Dollars
Enterprise value: $32.87M as of Jun 30, 2019
Annual revenue (TTM): $16.37M as of Jun 30, 2019
EBITDA (TTM): -$7.39M as of Jun 30, 2019
Net annual income (TTM): -$13.39M as of Jun 30, 2019
Free cash flow (TTM): -$4.00M as of Jun 30, 2019
Net Debt Last Fiscal Year: $8.69M as of Jun 30, 2019
Shares outstanding: 174,670,984 as of Jun 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization