SilverCrest Metals Inc (SIL) Director John H. Wright Purchases 5,000 Shares of Stock

SilverCrest Metals Inc (CVE:SIL) Director John H. Wright purchased 5,000 shares of the company’s stock in a transaction on Tuesday, May 22nd. The stock was acquired at an average cost of C$2.28 per share, for a total transaction of C$11,400.00.

SilverCrest Metals traded up C$0.03, hitting C$2.43, during trading on Friday, according to Marketbeat Ratings. The company’s stock had a trading volume of 41,163 shares, compared to its average volume of 124,465. SilverCrest Metals Inc has a twelve month low of C$1.05 and a twelve month high of C$2.58.

SilverCrest Metals (CVE:SIL) last issued its quarterly earnings results on Friday, May 18th. The company reported C($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.01) by C($0.01).

Several brokerages have issued reports on SIL. National Bank Financial reissued an “outperform overweight” rating on shares of SilverCrest Metals in a research note on Wednesday, March 28th. Eight Capital set a C$3.00 price target on SilverCrest Metals and gave the company a “buy” rating in a research note on Friday, February 23rd. Finally, Beacon Securities raised SilverCrest Metals from a “speculative buy” rating to a “buy” rating in a research note on Wednesday, April 11th.

About SilverCrest Metals

SilverCrest Metals Inc engages in the acquisition, exploration, and development of precious metal properties. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 27 concessions totaling approximately 1,389 hectares located in Sonora, Mexico.

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