Shares of SilverCrest Metals Inc. (NASDAQ:SILV) have received a consensus broker rating score of 1.60 (Buy) from the five analysts that cover the stock, Zacks Investment Research reports. Three analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. SilverCrest Metals’ rating score has improved by 20% from 90 days ago as a result of various analysts’ upgrades and downgrades.

Analysts have set a 12 month consensus price objective of $4.10 for the company and are expecting that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also assigned SilverCrest Metals an industry rank of 184 out of 257 based on the ratings given to related companies.

A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of SilverCrest Metals from a “sell” rating to a “hold” rating in a report on Thursday, November 15th. National Bank Financial reissued an “outperform market weight” rating on shares of SilverCrest Metals in a report on Sunday, September 16th.

Shares of SilverCrest Metals stock traded down $0.20 during midday trading on Friday, reaching $2.25. The company had a trading volume of 40,611 shares, compared to its average volume of 55,123. SilverCrest Metals has a 1-year low of $0.97 and a 1-year high of $3.07.

Several institutional investors have recently modified their holdings of the stock. Ingalls & Snyder LLC acquired a new stake in shares of SilverCrest Metals in the third quarter valued at approximately $146,000. Oppenheimer & Close LLC acquired a new stake in shares of SilverCrest Metals in the third quarter valued at approximately $501,000. U S Global Investors Inc acquired a new stake in shares of SilverCrest Metals in the third quarter valued at approximately $2,542,000. AGF Investments Inc. acquired a new stake in shares of SilverCrest Metals in the third quarter valued at approximately $4,281,000. Finally, Gilder Gagnon Howe & Co. LLC acquired a new stake in shares of SilverCrest Metals in the third quarter valued at approximately $12,820,000.

SilverCrest Metals Company Profile

SilverCrest Metals Inc engages in the acquisition, exploration, and development of precious metal properties. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 27 concessions totaling approximately 1,389 hectares located in Sonora, Mexico.

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