SilverCrest Metals (CVE:SIL) Trading Down 0.5% – Here’s What Happened

SilverCrest Metals Inc (CVE:SIL) shares were down 0.5% on Monday . The company traded as low as C$8.08 and last traded at C$8.52. Approximately 246,455 shares changed hands during 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 market cap of C$1.25 billion and a P/E ratio of -83.53. The firm has a 50-day moving average price of C$8.52 and a 200-day moving average price of 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.

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.