SilverCrest Metals (CVE:SIL) Shares Down 0.5% – Should You Sell?

SilverCrest Metals Inc (CVE:SIL)’s share price dropped 0.5% on Friday . 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 daily volume of 156,209 shares. The stock had previously closed at C$8.56.

SilverCrest Metals Stock Performance

The business has a fifty day simple moving average of C$8.52 and a two-hundred day simple moving average of 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. The company has a market cap of C$1.25 billion and a PE ratio of -83.53.

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.