SilverCrest Mines Stock Rating Upgraded by Zacks (SVLC)
SilverCrest Mines (NASDAQ:SVLC) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Thursday, Stock Ratings News reports. The firm currently has a $2.00 price target on the stock. Zacks‘ target price would suggest a potential upside of 11.11% from the company’s current price.
Separately, analysts at Roth Capital initiated coverage on shares of SilverCrest Mines in a research note to investors on Wednesday, October 2nd. They set a “buy” rating on the stock. Six equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of $3.55.
Shares of SilverCrest Mines (NASDAQ:SVLC) traded up 5.56% on Thursday, hitting $1.90. The stock had a trading volume of 452,580 shares. SilverCrest Mines has a 1-year low of $1.13 and a 1-year high of $3.05. The stock’s 50-day moving average is $1.83 and its 200-day moving average is $1.93. The company has a market cap of $206.8 million and a price-to-earnings ratio of 7.96.
SilverCrest Mines Inc (NASDAQ:SVLC) is engaged in the acquisition, exploration and development of mineral properties in Mexico and Central America.
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