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SilverCrest Metals (TSE:SIL) Trading 0.8% Higher - Should You Buy?

SilverCrest Metals logo with Basic Materials background

SilverCrest Metals Inc. (TSE:SIL - Get Free Report)'s stock price shot up 0.8% on Tuesday . The company traded as high as C$14.44 and last traded at C$14.35. 111,262 shares traded hands during trading, a decline of 66% from the average session volume of 322,768 shares. The stock had previously closed at C$14.24.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts cut SilverCrest Metals from a "strong-buy" rating to a "hold" rating in a report on Friday, October 4th.

View Our Latest Report on SIL

SilverCrest Metals Price Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 5.87 and a quick ratio of 9.14. The stock has a market cap of C$2.00 billion, a price-to-earnings ratio of 13.70 and a beta of 1.18. The stock has a fifty day moving average of C$14.43 and a 200 day moving average of C$12.83.

About SilverCrest Metals

(Get Free Report)

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.

Further Reading

Should you invest $1,000 in SilverCrest Metals right now?

Before you consider SilverCrest Metals, you'll want to hear this.

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