John H. Wright Sells 50,000 Shares of SilverCrest Metals Inc (CVE:SIL) Stock

SilverCrest Metals Inc (CVE:SIL) Director John H. Wright sold 50,000 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of C$16.03, for a total transaction of C$801,500.00.

SilverCrest Metals Price Performance

Shares of CVE SIL traded down C$0.04 during mid-day trading on Tuesday, reaching C$8.52. 246,455 shares of the company traded hands, compared to its average volume of 156,209. The stock has a fifty day simple moving average of C$8.52 and a 200-day simple moving average of C$8.52. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.50 and a quick ratio of 5.43. The firm has a market cap of C$1.25 billion and a PE ratio of -83.53. SilverCrest Metals Inc has a fifty-two week low of C$2.85 and a fifty-two week high of C$8.70.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised their target price on SilverCrest Metals from C$12.00 to C$13.00 in a research report on Friday, December 6th.

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.