SilverCrest Metals Inc (CVE:SIL) Senior Officer Sells C$113,344.00 in Stock

SilverCrest Metals Inc (CVE:SIL) Senior Officer Pierre Beaudoin sold 15,400 shares of the company’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of C$7.36, for a total transaction of C$113,344.00.

SilverCrest Metals Stock Down 0.5 %

Shares of CVE:SIL traded down C$0.04 during mid-day trading on Monday, hitting C$8.52. 246,455 shares of the company traded hands, compared to its average volume of 156,209. The stock has a market cap of C$1.25 billion and a P/E ratio of -83.53. The company has a current ratio of 5.50, a quick ratio of 5.43 and a debt-to-equity ratio of 0.74. SilverCrest Metals Inc has a 12-month low of C$2.85 and a 12-month high of C$8.70. The stock has a 50-day moving average price of C$8.52 and a two-hundred day moving average price of C$8.52.

Analyst Ratings Changes

A number of research firms have recently issued reports on SIL. Stifel Nicolaus increased their price objective on shares of SilverCrest Metals from C$7.50 to C$7.75 and gave the stock a “hold” rating in a research report on Friday, October 20th. Raymond James lowered their target price on SilverCrest Metals from C$10.00 to C$9.00 and set an “outperform” rating on the stock in a research report on Monday, October 23rd. Finally, Royal Bank of Canada downgraded shares of SilverCrest Metals from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from C$12.00 to C$7.50 in a research report on Wednesday, August 2nd.

SilverCrest Metals Company Profile

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.