SilverCrest Metals (NYSEAMERICAN:SILV) Sees Large Volume Increase - Here's What Happened

Shares of SilverCrest Metals Inc. (NYSEAMERICAN:SILV - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 1,073,306 shares were traded during trading, a decline of 34% from the previous session's volume of 1,632,707 shares.The stock last traded at $10.51 and had previously closed at $10.32.

SilverCrest Metals Price Performance

The firm has a market capitalization of $1.52 billion, a PE ratio of 13.29 and a beta of 1.22.

SilverCrest Metals (NYSEAMERICAN:SILV - Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.13). The company had revenue of $72.74 million for the quarter. SilverCrest Metals had a return on equity of 33.11% and a net margin of 47.62%. On average, equities analysts forecast that SilverCrest Metals Inc. will post 0.54 EPS for the current fiscal year.

SilverCrest Metals Company Profile

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.