Christopher Kyle Ritchie Buys 10,000 Shares of SilverCrest Metals Inc (CVE:SIL) Stock

SilverCrest Metals Inc (CVE:SILGet Rating) Senior Officer Christopher Kyle Ritchie purchased 10,000 shares of the business’s stock in a transaction on Friday, May 13th. The shares were bought at an average cost of C$8.10 per share, for a total transaction of C$80,990.00. Following the completion of the transaction, the insider now directly owns 685,900 shares in the company, valued at approximately C$5,555,104.10.

Shares of SIL stock traded down C$0.04 during mid-day trading on Friday, hitting C$8.52. 246,455 shares of the stock were exchanged, compared to its average volume of 156,209. The company has a market cap of C$1.25 billion and a PE ratio of -83.53. SilverCrest Metals Inc has a 52-week low of C$2.85 and a 52-week high of C$8.70. The firm has a fifty day moving average of C$8.52 and a 200 day moving average of 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.

SIL has been the topic of several analyst reports. Raymond James set a C$14.15 price target on SilverCrest Metals and gave the stock an “outperform” rating in a research report on Thursday. Stifel Nicolaus increased their target price on shares of SilverCrest Metals from C$15.25 to C$16.00 in a research note on Wednesday, April 27th.

SilverCrest Metals Company Profile (Get Rating)

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.

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Insider Buying and Selling by Quarter for SilverCrest Metals (CVE:SIL)

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