TSXV:SCZ

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Santacruz Silver Mining

Executive Summary

Santacruz Silver Mining Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of mineral properties in Mexico.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Santacruz Silver Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SCZ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

SCZ

-4.2%

CA Metals and Mining

2.5%

CA Market


1 Year Return

85.7%

SCZ

36.5%

CA Metals and Mining

-11.7%

CA Market

Return vs Industry: SCZ exceeded the Canadian Metals and Mining industry which returned 36.5% over the past year.

Return vs Market: SCZ exceeded the Canadian Market which returned -11.7% over the past year.


Shareholder returns

SCZIndustryMarket
7 Day0%-4.2%2.5%
30 Day13.0%4.1%2.6%
90 Day18.2%30.0%-8.7%
1 Year85.7%85.7%37.5%36.5%-8.6%-11.7%
3 Year-35.0%-35.0%19.6%17.5%-1.4%-10.5%
5 Year-25.7%-25.7%56.5%51.9%14.2%-2.1%

Price Volatility Vs. Market

How volatile is Santacruz Silver Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Santacruz Silver Mining undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Santacruz Silver Mining is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Santacruz Silver Mining has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of SCZ’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Santacruz Silver Mining regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is Santacruz Silver Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.9%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Santacruz Silver Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of SCZ’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Santacruz Silver Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Santacruz Silver Mining performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SCZ is currently unprofitable.

Growing Profit Margin: SCZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SCZ is unprofitable, but has reduced losses over the past 5 years at a rate of 4.6% per year.

Accelerating Growth: Unable to compare SCZ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SCZ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (14.8%).


Return on Equity

High ROE: SCZ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Santacruz Silver Mining's financial position?


Financial Position Analysis

Short Term Liabilities: SCZ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SCZ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SCZ has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SCZ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SCZ has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: SCZ is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Santacruz Silver Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SCZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SCZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SCZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SCZ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SCZ's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.4yrs

Average management tenure


CEO

Carlos Silva Ramos

no data

Tenure

US$180,000

Compensation

Mr. Carlos Alberto Silva Ramos serves as Chief Executive Officer at Santacruz Silver Mining Ltd. since May 2020. Mr. Silva Ramos has been Chief Operating Officer of Santacruz Silver Mining Ltd. since Novem ...


CEO Compensation Analysis

Compensation vs Market: Carlos's total compensation ($USD180.00K) is about average for companies of similar size in the Canadian market ($USD162.98K).

Compensation vs Earnings: Carlos's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Arturo Préstamo Elizondo
President & Executive Chairmanno dataUS$203.00k3.36% $920.0k
Carlos Silva Ramos
CEO, COO & Directorno dataUS$180.00k7.12% $1.9m
Robert McMorran
Corporate Secretary & CFO8.08yrsUS$69.44k1.57% $429.5k
Harald Hoegberg
Independent Consultantno datano datano data
Randy Henkle
Independent Consultantno datano datano data
Robert Byrd
Consultant4.75yrsUS$246.56kno data
Maldonado César Eloy
Consultant3.17yrsno datano data

6.4yrs

Average Tenure

Experienced Management: SCZ's management team is seasoned and experienced (6.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Arturo Préstamo Elizondo
President & Executive Chairmanno dataUS$203.00k3.36% $920.0k
Carlos Silva Ramos
CEO, COO & Directorno dataUS$180.00k7.12% $1.9m
W. Girling
Independent Director1.58yrsUS$8.38k0.30% $81.3k
Federico Villaseñor
Independent Director6.08yrsUS$21.80kno data
Larry Okada
Independent Director5.08yrsUS$32.60k0.024% $6.5k
Roland Löehner
Independent Director5.17yrsUS$24.20k0.66% $180.9k

5.1yrs

Average Tenure

68yo

Average Age

Experienced Board: SCZ's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.9%.


Top Shareholders

Company Information

Santacruz Silver Mining Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Santacruz Silver Mining Ltd.
  • Ticker: SCZ
  • Exchange: TSXV
  • Founded: 2011
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$27.403m
  • Shares outstanding: 210.79m
  • Website: https://www.santacruzsilver.com

Number of Employees


Location

  • Santacruz Silver Mining Ltd.
  • 595 Howe Street
  • 10th Floor
  • Vancouver
  • British Columbia
  • V6C 2T5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SCZTSXV (TSX Venture Exchange)YesNew Common SharesCACADApr 2012
1SZDB (Deutsche Boerse AG)YesNew Common SharesDEEURApr 2012
SZSM.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDApr 2012
0R20LSE (London Stock Exchange)YesNew Common SharesGBCADApr 2012

Biography

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 deposits, as well as for zinc, gold and lead deposits. It holds a 100% interest in the Rosario project located in the municipality of Charcas in the state of San Luis Potosi; and Veta Grande Project that include three concession groups, such as Veta Grande properties, Minillas property, and Zacatecas properties, which consists of 184 mining concessions covering an area of 8,944 hectares in the Zacatecas Mining District, Mexico. 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 09:21
End of Day Share Price2020/05/29 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.