SilverCrest Metals (TSE:SIL) Sets New 12-Month Low at $8.25

SilverCrest Metals Inc. (TSE:SIL – Get Rating)’s stock price reached a new 52-week low on Tuesday . The company traded as low as C$8.25 and last traded at C$8.31, with a volume of 224324 shares. The stock had previously closed at C$8.65.

A number of research firms have issued reports on SIL. Raymond James reduced their target price on shares of SilverCrest Metals to C$13.00 and set an “outperform” rating on the stock in a report on Monday, February 7th. Desjardins reiterated a “buy” rating and set a C$15.25 target price on shares of SilverCrest Metals in a report on Wednesday, February 9th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$14.13.

The company has a debt-to-equity ratio of 32.66, a quick ratio of 17.68 and a current ratio of 18.00. The company has a market capitalization of C$1.25 billion and a PE ratio of -41.99. The company’s 50-day simple moving average is C$11.18 and its 200-day simple moving average is C$10.66.

SilverCrest Metals (TSE:SIL – Get Rating) last issued its earnings results on Thursday, March 24th. The company reported C($0.08) earnings per share for the quarter, meeting the consensus estimate of C($0.08). Analysts expect that SilverCrest Metals Inc. will post 1.0700001 EPS for the current year.

SilverCrest Metals Company Profile (TSE:SIL)

SilverCrest Metals Inc explores for and develops precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its principal property includes the Las Chispas project that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico.

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