SilverCrest Metals (NYSEAMERICAN:SILV) Stock Price Up 7.9% – Should You Buy?

Shares of SilverCrest Metals Inc. (NYSEAMERICAN:SILVGet Free Report) were up 7.9% during trading on Thursday . The company traded as high as $11.06 and last traded at $11.00. Approximately 938,868 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 1,535,750 shares. The stock had previously closed at $10.19.

SilverCrest Metals Stock Performance

The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 14.03 and a beta of 1.22.

SilverCrest Metals Company Profile

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SilverCrest Metals Inc engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico.

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