Insider Selling: SilverCrest Metals Inc (CVE:SIL) Senior Officer Sells C$103,875.00 in Stock

SilverCrest Metals Inc (CVE:SIL) Senior Officer Bernard Poznanski sold 7,500 shares of SilverCrest Metals stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of C$13.85, for a total value of C$103,875.00.

SilverCrest Metals Stock Performance

Shares of SIL opened at C$8.52 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.50 and a quick ratio of 5.43. The stock has a 50-day moving average of C$8.52 and a 200-day moving average of C$8.52. The company has a market cap of C$1.25 billion and a PE ratio of -83.53. SilverCrest Metals Inc has a one year low of C$2.85 and a one year high of C$8.70.

Wall Street Analyst Weigh In

SIL has been the subject of several research analyst reports. Raymond James lifted their price objective on SilverCrest Metals from C$11.50 to C$15.00 in a research report on Thursday, August 1st. Stifel Nicolaus lowered their price objective on SilverCrest Metals from C$12.50 to C$11.50 in a research report on Thursday, August 8th. Finally, Ventum Financial lowered SilverCrest Metals from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from C$13.45 to C$15.50 in a research report on Monday, October 7th.

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.