SilverCrest Metals (CVE:SIL) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

SilverCrest Metals Inc (CVE:SILGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$8.52 and traded as low as C$8.08. SilverCrest Metals shares last traded at C$8.52, with a volume of 246,455 shares changing hands.

SilverCrest Metals Price Performance

The company’s fifty day moving average price is C$8.52 and its two-hundred day moving average price is C$8.52. The company has a quick ratio of 5.43, a current ratio of 5.50 and a debt-to-equity ratio of 0.74. The company has a market cap of C$1.25 billion and a price-to-earnings ratio of -83.53.

SilverCrest Metals Company Profile

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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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