Santacruz Silver Mining (TSE:SCZ) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Santacruz Silver Mining reported a robust third quarter, with a 21% boost in revenue to $78 million and a remarkable 242% increase in EBITDA to $16 million. The company’s cash reserves skyrocketed by 505% to $18 million, driven by stronger silver production and favorable market prices. These financial gains reflect Santacruz’s strategic focus on cost optimization and enhanced operational performance.
For further insights into TSE:SCZ stock, check out TipRanks’ Stock Analysis page.
