Nathan Eric Fier Sells 16,000 Shares of SilverCrest Metals Inc (CVE:SIL) Stock

SilverCrest Metals Inc (CVE:SIL) Director Nathan Eric Fier sold 16,000 shares of SilverCrest Metals stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of C$15.85, for a total value of C$253,600.00.

SilverCrest Metals Price Performance

Shares of SIL stock opened at C$8.52 on Friday. 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 company has a market capitalization of C$1.25 billion and a PE ratio of -83.53. The firm’s 50-day moving average is C$8.52 and its two-hundred day moving average is C$8.52. SilverCrest Metals Inc has a 12 month low of C$2.85 and a 12 month high of C$8.70.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Royal Bank of Canada lifted their price target on SilverCrest Metals from C$12.00 to C$13.00 in a research note on Friday, December 6th. Ventum Financial cut shares of SilverCrest Metals from a “buy” rating to a “neutral” rating and increased their target price for the company from C$13.45 to C$15.50 in a research report on Monday, October 7th.

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.