SilverCrest Metals Inc (CVE:SIL) Senior Officer Stephany Fier Sells 345,240 Shares

SilverCrest Metals Inc (CVE:SIL) Senior Officer Stephany Fier sold 345,240 shares of the stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of C$11.55, for a total transaction of C$3,987,522.00.

SilverCrest Metals Trading Down 0.5 %

CVE SIL opened at C$8.52 on Monday. The company has a current ratio of 5.50, a quick ratio of 5.43 and a debt-to-equity ratio of 0.74. SilverCrest Metals Inc has a 12 month low of C$2.85 and a 12 month high of C$8.70. The company has a market capitalization of C$1.25 billion and a PE ratio of -83.53. The stock has a 50-day simple moving average of C$8.52 and a 200 day simple moving average of C$8.52.

Analysts Set New Price Targets

SIL has been the subject of several recent research reports. BMO Capital Markets increased their price objective on SilverCrest Metals from C$10.50 to C$13.25 in a report on Thursday, May 16th. Canaccord Genuity Group lifted their target price on shares of SilverCrest Metals from C$4.75 to C$7.50 in a report on Tuesday, April 23rd. Desjardins reduced their price objective on SilverCrest Metals from C$10.25 to C$9.50 and set a “hold” rating for the company in a research report on Tuesday, March 12th. Ventum Financial upped their price target on SilverCrest Metals from C$10.00 to C$12.65 in a report on Tuesday, May 28th. Finally, Raymond James increased their price target on shares of SilverCrest Metals from C$9.75 to C$11.50 in a research report on Tuesday, April 23rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of C$10.64.

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.