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 the firm’s 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 Stock Down 0.5 %

Shares of CVE:SIL opened at C$8.52 on Wednesday. The company has a market capitalization of C$1.25 billion and a price-to-earnings ratio of -83.53. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.50 and a quick ratio of 5.43. The business’s 50-day moving average is C$8.52 and its 200-day moving average is C$8.52. SilverCrest Metals Inc has a 1 year low of C$2.85 and a 1 year high of C$8.70.

Analysts Set New Price Targets

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

About SilverCrest Metals

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.