SilverCrest Metals Inc (CVE:SIL) Senior Officer Stephany Fier Sells 345,240 Shares

SilverCrest Metals Inc (CVE:SIL) Senior Officer Stephany Fier sold 345,240 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of C$11.55, for a total value of C$3,987,522.00.

SilverCrest Metals Trading Down 0.5 %

SIL opened at C$8.52 on Friday. SilverCrest Metals Inc has a 52 week low of C$2.85 and a 52 week high of C$8.70. The business has a fifty day simple moving average of C$8.52 and a 200-day simple moving average of C$8.52. The firm has a market cap of C$1.25 billion and a P/E ratio of -83.53. The company has a quick ratio of 5.43, a current ratio of 5.50 and a debt-to-equity ratio of 0.74.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SIL shares. Ventum Financial upped their price target on SilverCrest Metals from C$10.00 to C$12.65 in a research report on Tuesday, May 28th. Stifel Nicolaus increased their price objective on SilverCrest Metals from C$9.75 to C$11.25 and gave the stock a “hold” rating in a research report on Wednesday, May 15th. Cormark increased their price objective on SilverCrest Metals from C$9.50 to C$12.00 in a research report on Friday, April 19th. Canaccord Genuity Group increased their price objective on SilverCrest Metals from C$4.75 to C$7.50 in a research report on Tuesday, April 23rd. Finally, BMO Capital Markets increased their price objective on SilverCrest Metals from C$10.50 to C$13.25 in a research report on Thursday, May 16th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$10.64.

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.