SilverCrest Metals Inc (CVE:SIL – Get Rating) Director John H. Wright acquired 50,000 shares of the business’s stock in a transaction that occurred on Friday, May 13th. The shares were acquired at an average cost of C$8.39 per share, for a total transaction of C$419,500.00. Following the transaction, the director now owns 314,000 shares of the company’s stock, valued at approximately C$2,634,460.
SIL stock opened at C$8.52 on Thursday. The stock has a market capitalization of C$1.25 billion and a price-to-earnings ratio of -83.53. The company has a 50-day moving average of C$8.52 and a two-hundred day moving average of C$8.52. SilverCrest Metals Inc has a 52-week low of C$2.85 and a 52-week high of C$8.70. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.50 and a quick ratio of 5.43.
Several research firms have commented on SIL. Raymond James set a C$14.15 target price on shares of SilverCrest Metals and gave the stock an “outperform” rating in a research report on Thursday, May 12th. Stifel Nicolaus boosted their target price on SilverCrest Metals from C$15.25 to C$16.00 in a report on Wednesday, April 27th.
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.
Featured Stories
- MarketBeat Podcast: Options Trading As Easy As Trading Stocks
- The TJX Companies: It’s Not All Doom And Gloom In Retail
- Simply Good Foods Stock is Simply Looking Good Down Here
- Shoe Carnival’s Q1 Results Are No Joke, Shares Fall 15%
- Dynatrace: Fundamentals are Positive While Being Punished
Receive News & Ratings for SilverCrest Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SilverCrest Metals and related companies with MarketBeat.com's FREE daily email newsletter.
