SilverCrest Metals (NYSEAMERICAN:SILV) Trading 6.7% Higher – Should You Buy?

Shares of SilverCrest Metals Inc. (NYSEAMERICAN:SILVGet Free Report) rose 6.7% during mid-day trading on Wednesday . The company traded as high as $11.97 and last traded at $11.97. Approximately 1,753,581 shares changed hands during trading, a decline of 9% from the average daily volume of 1,916,721 shares. The stock had previously closed at $11.22.

SilverCrest Metals Price Performance

The stock has a market cap of $1.71 billion, a P/E ratio of 14.92 and a beta of 1.22.

SilverCrest Metals Company Profile

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SilverCrest Metals Inc engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico.

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