Investment firm Jennings Capital has updated coverage on SantaCruz Silver, symbol SCZ on the TSX Venture Exchange. (FSE:1SZ) Following news that the company had intersected a new high-grade silver vein at San Felipe, analyst Kwong-Mun Achong Low reiterated his buy rating and 12 month target of $2.75, a premium of 133% to the $1.18 price the day the report was issued.