SilverCrest Metals (CVE:SIL) Price Target Raised to C$10.50 at BMO Capital Markets

SilverCrest Metals (CVE:SIL) had its price objective hoisted by BMO Capital Markets from C$9.50 to C$10.50 in a report published on Friday, BayStreet.CA reports.

Several other research analysts have also recently weighed in on the stock. Cormark boosted their price target on shares of SilverCrest Metals from C$9.50 to C$12.00 in a report on Friday. Desjardins cut their price target on shares of SilverCrest Metals from C$10.25 to C$9.50 and set a hold rating on the stock in a report on Tuesday, March 12th. Stifel Nicolaus cut their price target on shares of SilverCrest Metals from C$7.75 to C$7.25 in a report on Friday, January 26th. Finally, Raymond James boosted their price target on shares of SilverCrest Metals from C$9.00 to C$9.75 in a report on Friday, January 12th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of Hold and a consensus price target of C$9.42.

SilverCrest Metals Stock Down 0.5 %

SilverCrest Metals stock opened at C$8.52 on Friday. SilverCrest Metals has a fifty-two week low of C$2.85 and a fifty-two week high of C$8.70. The stock has a market cap of C$1.25 billion and a PE ratio of -83.53. The firm’s 50-day simple moving average is C$8.52 and its 200 day simple moving average is C$8.52. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.43 and a current ratio of 5.50.

Insider Buying and Selling at SilverCrest Metals

In other SilverCrest Metals news, Director Pierre Beaudoin sold 8,900 shares of the business’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of C$10.15, for a total value of C$90,335.00. In other news, Senior Officer Bernard Poznanski sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of C$9.51, for a total value of C$95,130.00. Also, Director Pierre Beaudoin sold 8,900 shares of the business’s stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of C$10.15, for a total transaction of C$90,335.00. Insiders have sold a total of 418,670 shares of company stock worth $3,814,578 over the last three months.

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.