SilverCrest Metals Inc (CVE:SIL) Director Sells C$181,156.00 in Stock

SilverCrest Metals Inc (CVE:SIL) Director Ani Andreeva Markova sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of C$9.06, for a total transaction of C$181,156.00.

Ani Andreeva Markova also recently made the following trade(s):

• On Friday, March 15th, Ani Andreeva Markova sold 20,000 shares of SilverCrest Metals stock. The stock was sold at an average price of C$8.92, for a total transaction of C$178,398.00.

SilverCrest Metals Price Performance

Shares of SIL opened at C$8.52 on Thursday. SilverCrest Metals Inc has a twelve month low of C$2.85 and a twelve month high of C$8.70. The firm’s fifty day simple moving average is C$8.52 and its 200-day simple moving average is C$8.52. The firm has a market capitalization of C$1.25 billion and a price-to-earnings ratio of -83.53. The company has a current ratio of 5.50, a quick ratio of 5.43 and a debt-to-equity ratio of 0.74.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on SIL shares. Desjardins reduced their target price on shares of SilverCrest Metals from C$10.25 to C$9.50 and set a “hold” rating on the stock in a report on Tuesday, March 12th. Stifel Nicolaus reduced their target price on shares of SilverCrest Metals from C$7.75 to C$7.25 in a report on Friday, January 26th. BMO Capital Markets increased their target price on shares of SilverCrest Metals from C$8.25 to C$9.00 in a report on Tuesday, March 12th. Finally, Raymond James increased their target price on shares of SilverCrest Metals from C$9.00 to C$9.75 in a report on Friday, January 12th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, SilverCrest Metals currently has an average rating of “Hold” and an average target price of C$8.60.

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.