Santacruz Silver Mining Ltd. Reports Year-End 2024 Financial Results

VANCOUVER, BC, May 28, 2025 /CNW/ - Santacruz Silver Mining Ltd. (TSXV: SCZ) (OTCQB: SCZMF) (FSE: 1SZ) (“Santacruz” or the “Company”) has announced its financial and operating results for the fiscal year ended December 31, 2024 (“FY 2024”). The company, which operates in the materials sector with a focus on exploring, mining, and discovering silver ore reserves in Mexico, has released the full version of its audited financial statements for FY 2024.

Company Overview

Santacruz Silver Mining Ltd. is a company based in Vancouver, Canada, listed on the TSX Venture Exchange. It operates within the Metals & Mining industry, specializing in silver ore exploration and mining activities. The company’s primary currency is CAD, and it has a market capitalization of 155,320,000 CAD. As of May 25, 2025, the close price of Santacruz Silver Mining Ltd. was 0.64 CAD, matching its 52-week high. The 52-week low was recorded at 0.25 CAD on November 13, 2024. The company’s price-to-earnings ratio stands at 1.

Financial Highlights

The financial results for FY 2024 have been reported across multiple news outlets, including Newswire.ca, CEO.ca, Finanzen.net, and Minenportal.de. While specific financial figures from the audited statements have not been detailed in the news releases, the announcement marks a significant update for investors and stakeholders interested in the company’s performance.

Market Context

The announcement of Santacruz Silver Mining Ltd.’s financial results comes at a time when the company’s stock price is at its 52-week high, indicating a potentially positive reception of the financial outcomes by the market. The company’s focus on silver ore reserves in Mexico positions it within a sector that is closely watched by investors, especially given the fluctuating prices of precious metals.

Conclusion

Santacruz Silver Mining Ltd. continues to be a key player in the Metals & Mining industry, with its operations centered around silver ore exploration and mining in Mexico. The release of its FY 2024 financial results provides valuable insights into the company’s performance and strategic direction. Investors and stakeholders are encouraged to review the full audited financial statements for a comprehensive understanding of the company’s financial health and future prospects.