SilverCrest Metals (NYSEAMERICAN:SILV) Stock Price Down 6.7% – Time to Sell?

SilverCrest Metals Inc. (NYSEAMERICAN:SILVGet Free Report)’s share price fell 6.7% during trading on Monday . The company traded as low as $9.60 and last traded at $9.62. 827,236 shares changed hands during trading, a decline of 52% from the average session volume of 1,715,968 shares. The stock had previously closed at $10.31.

SilverCrest Metals Price Performance

The stock has a market cap of $1.40 billion, a P/E ratio of 12.62 and a beta of 1.22.

SilverCrest Metals Company Profile

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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.

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