SilverCrest Metals (CVE:SIL) Shares Down 0.5% – Here’s Why

SilverCrest Metals Inc (CVE:SIL) shares were down 0.5% during trading on Tuesday . The stock traded as low as C$8.08 and last traded at C$8.52. Approximately 246,455 shares were traded during mid-day trading, an increase of 58% from the average daily volume of 156,209 shares. The stock had previously closed at C$8.56.

SilverCrest Metals Price Performance

The stock has a fifty day moving average of C$8.52 and a two-hundred day moving average of C$8.52. The stock has a market cap of C$1.25 billion and a price-to-earnings 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.

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. SilverCrest Metals Inc was incorporated in 2015 and is headquartered in Vancouver, Canada.