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SilverCrest Metals (NYSEMKT:SILV) Shares Down 0.5% - What's Next?

SilverCrest Metals logo with Basic Materials background

Shares of SilverCrest Metals Inc. (NYSEMKT:SILV - Get Free Report) dropped 0.5% during mid-day trading on Tuesday . The company traded as low as $10.01 and last traded at $10.03. Approximately 912,949 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 1,423,583 shares. The stock had previously closed at $10.08.

SilverCrest Metals Price Performance

The firm's 50 day moving average price is $9.96 and its 200 day moving average price is $9.59. The stock has a market capitalization of $1.57 billion, a P/E ratio of 18.09 and a beta of 1.20.

About SilverCrest Metals

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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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