SilverCrest Metals Inc (CVE:SIL) Director Pierre Beaudoin Purchases 1,560 Shares

SilverCrest Metals Inc (CVE:SIL) Director Pierre Beaudoin acquired 1,560 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of C$14.53 per share, for a total transaction of C$22,666.80.

SilverCrest Metals Stock Down 0.5 %

Shares of CVE:SIL opened at C$8.52 on Friday. SilverCrest Metals Inc has a 1 year low of C$2.85 and a 1 year 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. The stock’s 50-day moving average is C$8.52 and its 200 day moving average is C$8.52. The company has a market cap of C$1.25 billion and a PE ratio of -83.53.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on SIL shares. Ventum Financial lowered SilverCrest Metals from a “buy” rating to a “neutral” rating and raised their price target for the stock from C$13.45 to C$15.50 in a research report on Monday, October 7th. Stifel Nicolaus dropped their price objective on SilverCrest Metals from C$12.50 to C$11.50 in a research note on Thursday, August 8th.

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.