SilverCrest Metals Inc (CVE:SIL – Get Free Report) Director John H. Wright sold 50,000 shares of the stock in a transaction on Friday, February 7th. The shares were sold at an average price of C$16.03, for a total value of C$801,500.00.
SilverCrest Metals Price Performance
Shares of CVE:SIL opened at C$8.52 on Friday. The company has a market capitalization of C$1.25 billion and a P/E ratio of -83.53. SilverCrest Metals Inc has a 1-year low of C$2.85 and a 1-year high of C$8.70. The firm’s 50 day simple moving average is C$8.52 and its two-hundred day simple moving average is C$8.52. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.50 and a quick ratio of 5.43.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada raised their price objective on shares of SilverCrest Metals from C$12.00 to C$13.00 in a report on Friday, December 6th.
About SilverCrest Metals
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.
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