SilverCrest Metals (CVE:SIL) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Shares of SilverCrest Metals Inc (CVE:SILGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$8.52 and traded as low as C$8.08. SilverCrest Metals shares last traded at C$8.52, with a volume of 246,455 shares.

SilverCrest Metals Trading Down 0.5%

The firm has a market capitalization of C$1.25 billion and a PE ratio of -83.53. The company’s fifty day simple moving average is C$8.52 and its 200-day simple moving average is 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.

SilverCrest Metals Company Profile

(Get Free Report)

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. SilverCrest Metals Inc was incorporated in 2015 and is headquartered in Vancouver, Canada.

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