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SilverCrest Metals (NYSEAMERICAN:SILV) Shares Gap Up - Still a Buy?

SilverCrest Metals logo with Basic Materials background

Shares of SilverCrest Metals Inc. (NYSEAMERICAN:SILV - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $9.96, but opened at $10.31. SilverCrest Metals shares last traded at $10.23, with a volume of 292,972 shares trading hands.

SilverCrest Metals Stock Performance

The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 12.91 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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