Pierre Beaudoin Acquires 1,560 Shares of SilverCrest Metals Inc (CVE:SIL) Stock

SilverCrest Metals Inc (CVE:SIL) Director Pierre Beaudoin purchased 1,560 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average price of C$14.53 per share, for a total transaction of C$22,666.80.

SilverCrest Metals Price Performance

Shares of CVE:SIL opened at C$8.52 on Friday. SilverCrest Metals Inc has a fifty-two week low of C$2.85 and a fifty-two week high of C$8.70. The business has a 50-day simple moving average of C$8.52 and a two-hundred day simple moving average 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. The firm has a market cap of C$1.25 billion and a price-to-earnings ratio of -83.53.

Wall Street Analyst Weigh In

SIL has been the subject of a number of recent analyst reports. Ventum Financial lowered SilverCrest Metals from a “buy” rating to a “neutral” rating and boosted their target price for the stock from C$13.45 to C$15.50 in a research report on Monday, October 7th. Royal Bank of Canada boosted their target price on SilverCrest Metals from C$12.00 to C$13.00 in a research report on Friday.

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.