SilverCrest Metals Inc (CVE:SIL) Director John H. Wright Sells 50,000 Shares

SilverCrest Metals Inc (CVE:SIL) Director John H. Wright sold 50,000 shares of the firm’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of C$16.03, for a total transaction of C$801,500.00.

SilverCrest Metals Stock Down 0.5 %

Shares of SIL stock traded down C$0.04 during trading hours on Tuesday, hitting C$8.52. 246,455 shares of the company were exchanged, compared to its average volume of 156,209. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.43 and a current ratio of 5.50. The stock has a market capitalization of C$1.25 billion and a price-to-earnings ratio of -83.53. SilverCrest Metals Inc has a one year low of C$2.85 and a one year high of C$8.70. The business’s 50-day simple moving average is C$8.52 and its two-hundred day simple moving average is C$8.52.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upped their price objective on shares of SilverCrest Metals from C$12.00 to C$13.00 in a research report on Friday, December 6th.

SilverCrest Metals Company Profile

SilverCrest Metals Inc acquires, explores for, and develops precious metal properties in Mexico. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 28 concessions totaling approximately 1,401 hectares located in Sonora, Mexico.