SilverCrest Metals (CVE:SIL) Stock Price Down 0.5% – Time to Sell?

SilverCrest Metals Inc (CVE:SILGet Free Report)’s share price dropped 0.5% during mid-day trading on Tuesday . The company traded as low as C$8.08 and last traded at C$8.52. Approximately 246,455 shares were traded 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 Stock Down 0.5%

The firm has a market cap of C$1.25 billion and a P/E ratio of -83.53. The company’s 50-day simple moving average is C$8.52 and its 200 day simple moving average is C$8.52. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.50 and a quick ratio of 5.43.

About SilverCrest Metals

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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.

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