SilverCrest Metals (CVE:SIL) Stock Price Down 0.5% – Here’s Why

SilverCrest Metals Inc (CVE:SIL – Get Free Report)’s share price dropped 0.5% during mid-day trading on Monday . The stock traded as low as C$8.08 and last traded at C$8.52. Approximately 246,455 shares were traded during trading, an increase of 58% from the average daily volume of 156,209 shares. The stock had previously closed at C$8.56.

SilverCrest Metals Stock Performance

The firm has a market cap of C$1.25 billion and a price-to-earnings ratio of -83.53. The company has a 50 day moving average of C$8.52 and a 200 day moving average of C$8.52. The company has a quick ratio of 5.43, a current ratio of 5.50 and a debt-to-equity ratio of 0.74.

SilverCrest Metals Company Profile

(Get Free Report)

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.

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