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← CockpitCompetitor Analysis › SCZ.TO Santacruz Silver Mining Ltd.Open in the cockpit ↗

Santacruz Silver Mining Ltd.SCZ.TOCompetitor analysis, valuation and peers

Canada · CAD·Materials›Precious Metals
Mkt cap
$707M
US dollars, full cap
Free float
93%
of shares outstanding
$/day
$1.92M
20-day average traded
Fwd P/E
9.8×
forward earnings
ROIC−WACC
+30.0 pp
WACC 17.5%
Hurdle
-52 pp
Req g minus delivered
Next earnings
180 days
5 May 2027
Close · CADC$10.65
1D+3.8%
1W+13.2%
1M-11.1%
3Mn/a
6Mn/a
YTDn/a
1Yn/a
ATR %7.0%
52w lowhigh21.2% off high

What Santacruz Silver Mining does

No business profile yet.

Santacruz Silver Mining at a glance

Size Santacruz Silver Mining (SCZ.TO) is a Canada Materials company (Precious Metals) with a market value of $707M, the 299th largest of 420 Canada companies the cockpit tracks. Shares closed at C$10.65 on 6 Nov 2026.

Growth Revenue grew 38.3% over the last twelve months (peer median +74.8%); the operating margin is 30.0% (peer median 31.9%).

Valuation It trades at 9.8× forward earnings against a peer median of 12.8× (3rd cheapest of 11).

Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +59%, so the hurdle is -52 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 30.0 points above its cost of capital (17.5% WACC).

Next results Next results expected around 5 May 2027 (exchange calendar; dates can move).

Santacruz Silver Mining financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$585MC$456MC$388MC$339MC$363M
Revenue growth—+18%+14%-6%—
Gross profitC$209MC$156MC$75.7MC$33.2MC$26.5M
EBITDAC$217MC$156MC$76.0MC$37.9MC$19.2M
Net incomeC$58.0MC$59.0MC$225M-C$14.9M-C$24.1M
Free cash flowC$43.4MC$67.8MC$43.6MC$10.1MC$17.7M
Capital expenditureC$51.3MC$42.8MC$31.0MC$29.9MC$20.5M
Total debtC$64.1MC$72.4MC$29.1MC$23.4MC$95.2M

Quarterly statements and history in the cockpit →

Santacruz Silver Mining competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Fundamentals: revenue growth against valuation

-50%0%+50%+100%5×10×15×20×GFMMKOCYLGAUKCNSBMASMMTLPNRSCZ.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Santacruz Silver Mining is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%+150%0%50%100%150%GFMMKOCYLGAUKCNASMPNRSCZ.TOGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Santacruz Silver Mining is the large dot.

Santacruz Silver Mining competitors and peer comparison

How Santacruz Silver Mining compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Santacruz Silver Mining against its 20 peers (data as of 6 Nov 2026)
MeasureSCZ.TOPeer medianRank in peer set
1-month return-11.1%-8.7%8th lowest of 21
Distance from 52-week high-21.2%-33.7%6th highest of 21
Revenue growth (TTM)+38.3%+74.8%5th lowest of 12
Operating margin30.0%31.9%6th lowest of 14
Forward P/E9.8×12.8×3rd cheapest of 11
Growth the price implies (Req g, 7 yrs)7.1%-0.5%3rd most demanding of 8
Growth delivered (Del g)+59.3%+51.1%4th highest of 8
Hurdle (Req g minus delivered)-52.3 pp-65.0 pp4th most demanding of 8
ROIC minus cost of capital+30.0 pp-13.8 pp4th highest of 20
EV / EBITDA4.4×5.8×5th cheapest of 10
Net debt / EBITDA-0.1×-0.5×5th most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Santacruz Silver Mining SCZ.TOCanada$707Mn/a+38%30%9.8×7.1%+59.3%
Griffin Mining GFM.LUnited Kingdom$711M-4%+29%30%20.3×13.2%+12.2%
Mako Mining MKO.VCanada$712M+7%+79%41%10.5×1.5%+156.3%
Tungsten West TUN.LUnited Kingdom$694M-18%n/a-1,558%106.7×n/an/a
Founders Metals FDR.VCanada$734M+42%n/an/an/an/an/a
First Mining Gold FF.TOCanada$670M+33%n/an/an/an/an/a
Catalyst Metals CYL.AXAustralia$746M-28%+75%45%9.5×-15.5%+85.8%
New Found Gold NFGC.TOCanada$662M-16%n/a-233%n/an/an/a
Amaroq AMRQ.LUnited Kingdom$657M0%+2,134%12%n/an/an/a
Galiano Gold GAU.TOCanada$653M+2%+91%44%3.7×-13.8%+51.1%
Kingsgate Consolidated KCN.AXAustralia$779M-39%+77%38%11.5×-6.9%+117.2%
St. Barbara SBM.AXAustralia$629M+5%-76%-935%14.7×n/an/a
FireFly Metals FFM.AXAustralia$798M-31%n/an/an/an/an/a
Dakota Gold DCUnited States$798M-1%n/an/an/an/an/a
Avino Silver & Gold Mines ASM.TOCanada$799M-30%+54%44%14.0×23.6%+42.1%
Metals Exploration MTL.LUnited Kingdom$617M+17%-17%32%13.3×n/an/a
Osisko Gold OGG.VCanada$814M-18%+805%-51%n/an/an/a
Cadillac Mines CADY.TOCanada$815Mn/an/an/an/an/an/a
Troilus Mining TLG.TOCanada$611M-8%n/an/an/an/an/a
Liberty Gold LGD.TOCanada$819M+50%n/an/an/an/an/a
Pantoro Gold PNR.AXAustralia$826M-9%+35%34%12.2×-0.5%+40.5%

Questions

Which companies are Santacruz Silver Mining's closest peers?
The cockpit's peer set: Griffin Mining (GFM.L), Mako Mining (MKO.V), Tungsten West (TUN.L), Founders Metals (FDR.V), First Mining Gold (FF.TO), Catalyst Metals (CYL.AX), New Found Gold (NFGC.TO), Amaroq (AMRQ.L).
Is Santacruz Silver Mining expensive compared with its peers?
On forward p/e it trades at 9.8× against a peer median of 12.8×, 3rd cheapest of 11 in its peer set. For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +59%, so the hurdle is -52 pp: the price already allows for a slowdown.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.