John H. Wright Sells 50,000 Shares of SilverCrest Metals Inc (CVE:SIL) Stock

SilverCrest Metals Inc (CVE:SIL) Director John H. Wright sold 50,000 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of C$16.03, for a total transaction of C$801,500.00.

SilverCrest Metals Trading Down 0.5 %

SilverCrest Metals stock opened at C$8.52 on Thursday. The firm has a market cap of C$1.25 billion and a price-to-earnings ratio of -83.53. SilverCrest Metals Inc has a 1 year low of C$2.85 and a 1 year high of C$8.70. The firm’s 50 day moving average price is C$8.52 and its two-hundred day moving average price is C$8.52. 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

Separately, Royal Bank of Canada boosted their target price on SilverCrest Metals from C$12.00 to C$13.00 in a report on Friday, December 6th.

SilverCrest Metals Company Profile

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.