SilverCrest Metals (SIL) Price Target Raised to C$4.30

SilverCrest Metals (CVE:SIL) had its price target boosted by Eight Capital from C$3.50 to C$4.30 in a research report released on Monday morning.

Several other analysts have also recently weighed in on SIL. National Bank Financial reissued an outperform overweight rating on shares of SilverCrest Metals in a report on Wednesday, March 28th. Beacon Securities raised SilverCrest Metals from a speculative buy rating to a buy rating in a report on Wednesday, April 11th.

SIL opened at C$2.72 on Monday. SilverCrest Metals has a 12-month low of C$1.05 and a 12-month high of C$3.00.

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

In other news, Director John H. Wright purchased 15,000 shares of the company’s stock in a transaction that occurred on Friday, May 18th. The stock was acquired at an average cost of C$2.23 per share, with a total value of C$33,450.00.

SilverCrest Metals Company Profile

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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