SilverCrest Metals (CVE:SIL) Given New C$12.50 Price Target at Cormark

SilverCrest Metals (CVE:SIL – Get Rating) had its price objective trimmed by Cormark from C$13.50 to C$12.50 in a report issued on Tuesday, BayStreet.CA reports.

A number of other equities research analysts have also recently weighed in on SIL. BMO Capital Markets dropped their price target on shares of SilverCrest Metals from C$12.50 to C$11.00 in a research report on Friday, February 3rd. Stifel Nicolaus boosted their price objective on shares of SilverCrest Metals from C$13.25 to C$13.50 in a research report on Monday, January 23rd. Finally, Raymond James boosted their price objective on shares of SilverCrest Metals from C$10.50 to C$11.25 and gave the company an outperform rating in a research note on Tuesday, January 31st.

SilverCrest Metals Stock Down 0.5 %

SIL stock opened at C$8.52 on Tuesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.43 and a current ratio of 5.50. The firm has a market cap of C$1.25 billion and a PE ratio of -83.53. SilverCrest Metals has a one year low of C$2.85 and a one year high of C$8.70. The firm’s fifty day moving average is C$8.52 and its 200 day moving average is C$8.52.

Insider Buying and Selling at SilverCrest Metals

In other SilverCrest Metals news, Senior Officer Anne Yong sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, December 20th. The stock was sold at an average price of C$8.25, for a total transaction of C$412,605.00. Following the completion of the sale, the insider now directly owns 170,596 shares in the company, valued at approximately C$1,407,775.25. In other SilverCrest Metals news, Senior Officer Stephany Fier sold 25,000 shares of the business’s stock in a transaction on Friday, December 23rd. The stock was sold at an average price of C$8.25, for a total value of C$206,250.00. Following the transaction, the insider now owns 470,240 shares of the company’s stock, valued at C$3,879,480. Also, Senior Officer Anne Yong sold 50,000 shares of the company’s stock in a transaction dated Tuesday, December 20th. The shares were sold at an average price of C$8.25, for a total value of C$412,605.00. Following the completion of the sale, the insider now owns 170,596 shares of the company’s stock, valued at approximately C$1,407,775.25.

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.