SilverCrest Metals (TSE:SIL) Shares Up 0.8% – Should You Buy?

SilverCrest Metals Inc. (TSE:SIL) shares traded up 0.8% on Tuesday . The company traded as high as C$14.44 and last traded at C$14.35. 111,262 shares were traded during mid-day trading, a decline of 66% from the average session volume of 322,768 shares. The stock had previously closed at C$14.24.

Analyst Ratings Changes

Separately, Ventum Cap Mkts lowered shares of SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 4th.

SilverCrest Metals Price Performance

The company has a market capitalization of C$2.13 billion, a PE ratio of 14.64 and a beta of 1.18. The company has a current ratio of 5.87, a quick ratio of 9.14 and a debt-to-equity ratio of 0.12. The firm has a fifty day moving average of C$14.43 and a two-hundred day moving average of C$12.82.

SilverCrest Metals Company Profile

SilverCrest Metals Inc engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico.