SilverCrest Metals (CVE:SIL) Shares Down 0.5% – Time to Sell?

SilverCrest Metals Inc (CVE:SILGet Free Report) shares traded down 0.5% on Tuesday . The company traded as low as C$8.08 and last traded at C$8.52. 246,455 shares changed hands during mid-day trading, an increase of 58% from the average session volume of 156,209 shares. The stock had previously closed at C$8.56.

SilverCrest Metals Price Performance

The company has a current ratio of 5.50, a quick ratio of 5.43 and a debt-to-equity ratio of 0.74. The stock has a 50 day simple moving average of C$8.52 and a 200-day simple moving average of C$8.52. The firm has a market cap of C$1.25 billion and a PE ratio of -83.53.

About SilverCrest Metals

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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. SilverCrest Metals Inc was incorporated in 2015 and is headquartered in Vancouver, Canada.

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