SilverCrest Metals Inc (CVE:SIL) Director John H. Wright Sells 50,000 Shares

SilverCrest Metals Inc (CVE:SIL) Director John H. Wright sold 50,000 shares of SilverCrest Metals 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 Trading Down 0.5 %

CVE SIL opened at C$8.52 on Wednesday. The company has a quick ratio of 5.43, a current ratio of 5.50 and a debt-to-equity ratio of 0.74. SilverCrest Metals Inc has a twelve month low of C$2.85 and a twelve month high of C$8.70. The company has a market cap of C$1.25 billion and a price-to-earnings ratio of -83.53. The business’s fifty day moving average is C$8.52 and its 200 day moving average is C$8.52.

Analysts Set New Price Targets

Separately, Royal Bank of Canada lifted their price target on SilverCrest Metals from C$12.00 to C$13.00 in a research note on Friday, December 6th.

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.