SilverCrest Metals (NYSEAMERICAN:SILV) Stock Price Up 7.1% – Should You Buy?

SilverCrest Metals Inc. (NYSEAMERICAN:SILVGet Free Report)’s share price rose 7.1% during trading on Thursday . The company traded as high as $9.89 and last traded at $9.75. Approximately 823,521 shares were traded during trading, a decline of 53% from the average daily volume of 1,741,615 shares. The stock had previously closed at $9.10.

SilverCrest Metals Price Performance

The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 12.27 and a beta of 1.22.

About SilverCrest Metals

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SilverCrest Metals Inc engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico.

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