SilverCrest Metals (NYSEAMERICAN:SILV) Trading 7.9% Higher – Here’s What Happened

SilverCrest Metals Inc. (NYSEAMERICAN:SILVGet Free Report)’s share price rose 7.9% during mid-day trading on Thursday . The company traded as high as $11.06 and last traded at $11.00. Approximately 938,868 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 1,535,750 shares. The stock had previously closed at $10.19.

SilverCrest Metals Stock Performance

The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 13.46 and a beta of 1.22.

About SilverCrest Metals

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SilverCrest Metals Inc engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico.

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