Santacruz Silver Mining (TSXV:SCZ): Valuation Check After Q3 2025 Earnings and Weaker Nine-Month Net Income

Santacruz Silver Mining (TSXV:SCZ) just released its third quarter 2025 earnings, showing steady sales and flat quarterly EPS, but a sharp drop in nine month net income that has investors reassessing the story.

See our latest analysis for Santacruz Silver Mining.

Despite the softer nine month profit picture, the market has been repricing Santacruz aggressively, with a 30 day share price return of 54.59 percent and a 1 year total shareholder return of 786.82 percent, suggesting momentum is still building rather than fading at the current 2.86 dollars share price.

If this kind of rapid re rating has you curious about similar moves elsewhere in the market, it could be a good moment to explore fast growing stocks with high insider ownership.

With earnings flat, nine-month profits sharply lower, and the share price climbing closer to its target, the key question now is whether Santacruz still trades below intrinsic value or if the market is already pricing in future growth.

Most Popular Narrative Narrative: 96.7% Undervalued

According to RockeTeller, the narrative fair value of Santacruz Silver Mining sits far above the recent CA$2.86 close, framing the current price as deep upside optionality on silver.

⚡ At US$100/oz Silver: C$43 to C$86 per share torque range. ⚡ At US$150/oz Silver: C$71 to C$142 per share torque range. That’s the type of leverage only a high volume producer like SantaCruz can deliver in a true silver mania.

Read the complete narrative.

Want to see how a mid tier producer turns modest current margins into blockbuster upside at extreme silver prices? The math behind those free cash flow multiples, production assumptions, and discount rate is doing all the heavy lifting. Curious which stretch, yet internally consistent, pricing and volume scenarios are baked into that valuation curve?

Result: Fair Value of $86 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, investors should not ignore rising all in sustaining costs and potential operational disruptions in Bolivia and Mexico, which could quickly erode that upside.

Find out about the key risks to this Santacruz Silver Mining narrative.

Build Your Own Santacruz Silver Mining Narrative

If you want to challenge this view or dig through the numbers on your own terms, you can build a complete narrative in under three minutes, Do it your way.

A great starting point for your Santacruz Silver Mining research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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