SilverCrest Metals Inc (SIL) Director Purchases C$39,000.00 in Stock

SilverCrest Metals Inc (CVE:SIL) Director John H. Wright bought 12,000 shares of SilverCrest Metals stock in a transaction dated Wednesday, December 5th. The stock was purchased at an average price of C$3.25 per share, with a total value of C$39,000.00.

SIL traded up C$0.03 during trading on Thursday, hitting C$3.26. 57,254 shares of the company traded hands, compared to its average volume of 127,352. SilverCrest Metals Inc has a one year low of C$1.26 and a one year high of C$3.80.

Several research firms have recently issued reports on SIL. Eight Capital upped their target price on shares of SilverCrest Metals from C$4.30 to C$4.45 in a research note on Friday, November 30th. National Bank Financial increased their price target on shares of SilverCrest Metals from C$4.75 to C$5.25 and gave the company an “outperform” rating in a research report on Friday, November 2nd. Finally, Royal Bank of Canada set a C$5.00 price target on shares of SilverCrest Metals and gave the company an “outperform” rating in a research report on Tuesday, October 23rd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of C$4.68.

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About SilverCrest Metals

SilverCrest Metals Inc engages in the acquisition, exploration, and development of precious metal properties. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 27 concessions totaling approximately 1,389 hectares located in Sonora, Mexico.

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