Insider Selling: SilverCrest Metals Inc (CVE:SIL) Senior Officer Sells 5,770 Shares of Stock

SilverCrest Metals Inc (CVE:SIL) Senior Officer Bernard Poznanski sold 5,770 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of C$14.16, for a total value of C$81,703.20.

Bernard Poznanski also recently made the following trade(s):

• On Wednesday, November 20th, Bernard Poznanski sold 7,500 shares of SilverCrest Metals stock. The shares were sold at an average price of C$13.85, for a total value of C$103,875.00.

SilverCrest Metals Stock Performance

CVE SIL opened at C$8.52 on Thursday. SilverCrest Metals Inc has a fifty-two week low of C$2.85 and a fifty-two week high of C$8.70. The company has a market cap of C$1.25 billion and a P/E ratio of -83.53. 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 business’s 50 day moving average price is C$8.52 and its 200-day moving average price is C$8.52.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on SIL shares. Ventum Financial lowered shares of SilverCrest Metals from a “buy” rating to a “neutral” rating and raised their target price for the company from C$13.45 to C$15.50 in a report on Monday, October 7th. Royal Bank of Canada lifted their price objective on shares of SilverCrest Metals from C$12.00 to C$13.00 in a research note on Friday, December 6th.

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.