SilverCrest Metals (NYSEMKT:SILV) Shares Down 4.3% – Here’s Why

Shares of SilverCrest Metals Inc. (NYSEMKT:SILVGet Free Report) traded down 4.3% on Friday . The stock traded as low as $10.25 and last traded at $10.37. 1,014,547 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 1,423,583 shares. The stock had previously closed at $10.84.

SilverCrest Metals Trading Down 4.3 %

The firm has a market cap of $1.54 billion, a P/E ratio of 18.19 and a beta of 1.19. The business has a 50-day moving average price of $10.36 and a 200-day moving average price of $9.31.

SilverCrest Metals Company Profile

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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.

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