SantacruzSilver Santacruz Silver posts net loss in third quarter, says silver equivalent production up 456% y-o-y
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The company said that this increase is largely due to production from Bolivian operations acquired in March 2022, a 14% increase in silver equivalent production from the Zimapan mine offset by no production from the Rosario project following suspension of operations in August 2021. As compared to the three months ended September 30, 2021, the company recorded a net loss of $9.9 million and as compared to the nine months ended September 30, 2021, a net profit of $3.8 million .
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