Insider Selling: SilverCrest Metals Inc (CVE:SIL) Director Sells C$181,156.00 in Stock

SilverCrest Metals Inc (CVE:SIL) Director Ani Andreeva Markova sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of C$9.06, for a total transaction of C$181,156.00.

Ani Andreeva Markova also recently made the following trade(s):

• On Thursday, March 28th, Ani Andreeva Markova sold 27,043 shares of SilverCrest Metals stock. The stock was sold at an average price of C$8.93, for a total transaction of C$241,437.20.
• On Friday, March 15th, Ani Andreeva Markova sold 20,000 shares of SilverCrest Metals stock. The shares were sold at an average price of C$8.92, for a total value of C$178,398.00.

SilverCrest Metals Trading Down 0.5 %

Shares of SilverCrest Metals stock opened at C$8.52 on Friday. The business has a fifty day simple moving average of C$8.52 and a two-hundred day simple moving average of C$8.52. 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 market capitalization of C$1.25 billion and a price-to-earnings ratio of -83.53. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.50 and a quick ratio of 5.43.

Wall Street Analyst Weigh In

Several research firms have recently commented on SIL. BMO Capital Markets increased their price objective on SilverCrest Metals from C$8.25 to C$9.00 in a report on Tuesday, March 12th. Stifel Nicolaus cut their price objective on SilverCrest Metals from C$7.75 to C$7.25 in a report on Friday, January 26th. Raymond James increased their price objective on SilverCrest Metals from C$9.00 to C$9.75 in a report on Friday, January 12th. Finally, Desjardins cut their price target on SilverCrest Metals from C$10.25 to C$9.50 and set a “hold” rating for the company in a report on Tuesday, March 12th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$8.60.

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.