SilverCrest Metals (CVE:SIL) Trading Down 0.5% – What’s Next?

SilverCrest Metals Inc (CVE:SIL)’s stock price traded down 0.5% on Tuesday . The stock traded as low as C$8.08 and last traded at C$8.52. 246,455 shares changed hands during trading, an increase of 58% from the average session volume of 156,209 shares. The stock had previously closed at C$8.56.

SilverCrest Metals Price Performance

The company has a 50-day moving average of C$8.52 and a 200-day moving average of C$8.52. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.43 and a current ratio of 5.50. The firm has a market capitalization of C$1.25 billion and a price-to-earnings ratio of -83.53.

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. SilverCrest Metals Inc was incorporated in 2015 and is headquartered in Vancouver, Canada.