SilverCrest Metals (CVE:SIL – Get Free Report) had its target price upped by analysts at BMO Capital Markets from C$9.50 to C$10.50 in a research report issued to clients and investors on Friday, BayStreet.CA reports. BMO Capital Markets’ target price indicates a potential upside of 23.24% from the stock’s current price.
SIL has been the subject of a number of other reports. Stifel Nicolaus reduced their price target on shares of SilverCrest Metals from C$7.75 to C$7.25 in a research note on Friday, January 26th. Cormark upped their price target on shares of SilverCrest Metals from C$9.50 to C$12.00 in a research note on Friday. Desjardins reduced their price target on shares of SilverCrest Metals from C$10.25 to C$9.50 and set a “hold” rating for the company in a research note on Tuesday, March 12th. Finally, Raymond James upped their price target on shares of SilverCrest Metals from C$9.00 to C$9.75 in a research note on Friday, January 12th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$9.42.
Read Our Latest Report on SilverCrest Metals
SilverCrest Metals Price Performance
Insider Activity at SilverCrest Metals
In related news, Senior Officer Bernard Poznanski sold 10,000 shares of the stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of C$9.82, for a total transaction of C$98,210.00. In related news, Director Pierre Beaudoin sold 63,500 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of C$7.44, for a total transaction of C$472,440.00. Also, Senior Officer Bernard Poznanski sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of C$9.82, for a total transaction of C$98,210.00. Insiders sold a total of 418,670 shares of company stock valued at $3,814,578 over the last ninety days.
SilverCrest Metals Company Profile
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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