John H. Wright Sells 50,000 Shares of SilverCrest Metals Inc (CVE:SIL) Stock

SilverCrest Metals Inc (CVE:SIL) Director John H. Wright sold 50,000 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of C$16.03, for a total value of C$801,500.00.

SilverCrest Metals Stock Down 0.5 %

Shares of SilverCrest Metals stock opened at C$8.52 on Thursday. The firm has a market cap of C$1.25 billion and a price-to-earnings ratio of -83.53. The stock has a 50-day simple moving average of C$8.52 and a 200-day simple moving average of C$8.52. SilverCrest Metals Inc has a 52-week low of C$2.85 and a 52-week high of C$8.70. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.50 and a quick ratio of 5.43.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upped their price objective on shares of SilverCrest Metals from C$12.00 to C$13.00 in a research note on Friday, December 6th.

About SilverCrest Metals

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.