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Santacruz Silver's Strong Third Quarter Boosts Financials


Santacruz Silver's Strong Third Quarter Boosts Financials

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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.

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