Bernard Poznanski Sells 7,500 Shares of SilverCrest Metals Inc (CVE:SIL) Stock

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

SilverCrest Metals Stock Down 0.5 %

CVE:SIL opened at C$8.52 on Thursday. The company has a market cap of C$1.25 billion and a price-to-earnings ratio of -83.53. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.43 and a current ratio of 5.50. The stock’s fifty day moving average price is C$8.52 and its two-hundred day moving average price is C$8.52. SilverCrest Metals Inc has a 52-week low of C$2.85 and a 52-week high of C$8.70.

Analysts Set New Price Targets

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

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.