SilverCrest Metals Inc (CVE:SIL) Director Sells C$241,437.20 in Stock

SilverCrest Metals Inc (CVE:SIL) Director Ani Andreeva Markova sold 27,043 shares of the stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of C$8.93, for a total value of C$241,437.20.

Ani Andreeva Markova also recently made the following trade(s):

• On Friday, March 22nd, Ani Andreeva Markova sold 20,000 shares of SilverCrest Metals stock. The stock was sold at an average price of C$9.06, for a total value of C$181,156.00.
• On Friday, March 15th, Ani Andreeva Markova sold 20,000 shares of SilverCrest Metals stock. The stock was sold at an average price of C$8.92, for a total value of C$178,398.00.

SilverCrest Metals Stock Performance

SilverCrest Metals stock traded down C$0.04 during trading on Thursday, reaching C$8.52. The company had a trading volume of 246,455 shares, compared to its average volume of 156,209. SilverCrest Metals Inc has a 52 week low of C$2.85 and a 52 week high of C$8.70. The firm’s 50-day simple moving average is C$8.52 and its 200 day simple moving average is C$8.52. The firm has a market capitalization of C$1.25 billion and a price-to-earnings ratio of -83.53. The company has a current ratio of 5.50, a quick ratio of 5.43 and a debt-to-equity ratio of 0.74.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Stifel Nicolaus cut their price target on SilverCrest Metals from C$7.75 to C$7.25 in a research note on Friday, January 26th. BMO Capital Markets increased their target price on SilverCrest Metals from C$8.25 to C$9.00 in a research note on Tuesday, March 12th. Raymond James increased their target price on SilverCrest Metals from C$9.00 to C$9.75 in a research note on Friday, January 12th. Finally, Desjardins cut their target price on SilverCrest Metals from C$10.25 to C$9.50 and set a “hold” rating on the stock in a research note on Tuesday, March 12th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$8.60.

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.