SilverCrest Metals Inc. (NYSEAMERICAN:SILV) Short Interest Update

SilverCrest Metals Inc. (NYSEAMERICAN:SILV) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,970,000 shares, a drop of 34.3% from the January 15th total of 3,000,000 shares. Based on an average trading volume of 1,990,000 shares, the short-interest ratio is currently 1.0 days. Approximately 1.4% of the shares of the company are short sold.

SilverCrest Metals Trading Down 0.9 %

NYSEAMERICAN SILV opened at $11.55 on Friday. SilverCrest Metals has a 52-week low of $4.83 and a 52-week high of $11.98. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 14.81 and a beta of 1.22.

About SilverCrest Metals

SilverCrest Metals Inc engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico.