Anne Yong Sells 37,500 Shares of SilverCrest Metals Inc (CVE:SIL) Stock

SilverCrest Metals Inc (CVE:SIL) Senior Officer Anne Yong sold 37,500 shares of the stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of C$12.60, for a total value of C$472,500.00.

SilverCrest Metals Stock Down 0.5 %

Shares of SilverCrest Metals stock opened at C$8.52 on Thursday. The company has a 50-day simple moving average of C$8.52 and a two-hundred day simple moving average of C$8.52. The stock has a market capitalization of C$1.25 billion and a PE ratio of -83.53. SilverCrest Metals Inc has a 52-week low of C$2.85 and a 52-week high of C$8.70. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.43 and a current ratio of 5.50.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Stifel Nicolaus increased their price objective on SilverCrest Metals from C$9.75 to C$11.25 and gave the stock a “hold” rating in a report on Wednesday, May 15th. Desjardins decreased their price target on shares of SilverCrest Metals from C$10.25 to C$9.50 and set a “hold” rating for the company in a research note on Tuesday, March 12th. BMO Capital Markets boosted their price objective on shares of SilverCrest Metals from C$10.50 to C$13.25 in a research note on Thursday, May 16th. Raymond James raised their target price on shares of SilverCrest Metals from C$9.75 to C$11.50 in a research note on Tuesday, April 23rd. Finally, Canaccord Genuity Group boosted their price target on SilverCrest Metals from C$4.75 to C$7.50 in a research report on Tuesday, April 23rd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of C$10.36.

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.