SilverCrest Metals Inc (CVE:SIL) Director Nathan Eric Fier Sells 16,000 Shares of Stock

SilverCrest Metals Inc (CVE:SIL) Director Nathan Eric Fier sold 16,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of C$15.85, for a total value of C$253,600.00.

SilverCrest Metals Price Performance

CVE:SIL opened at C$8.52 on Friday. The company has a 50 day moving average price of C$8.52 and a 200-day moving average price of C$8.52. SilverCrest Metals Inc has a 1-year low of C$2.85 and a 1-year high of C$8.70. The firm 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 current ratio of 5.50 and a quick ratio of 5.43.

Analyst Ratings Changes

Several research firms recently issued reports on SIL. Ventum Financial downgraded SilverCrest Metals from a “buy” rating to a “neutral” rating and upped their target price for the company from C$13.45 to C$15.50 in a research report on Monday, October 7th. Royal Bank of Canada increased their price objective on SilverCrest Metals from C$12.00 to C$13.00 in a report on Friday, December 6th.

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.