Roth Capital Downgrades SilverCrest Mines to Neutral (SVLC)
SilverCrest Mines (NASDAQ:SVLC) was downgraded by equities researchers at Roth Capital to a “neutral” rating in a research report issued on Wednesday, Stock Ratings Network.com reports.
Shares of SilverCrest Mines (NASDAQ:SVLC) opened at 2.66 on Wednesday. SilverCrest Mines has a one year low of $1.13 and a one year high of $2.78. The stock has a 50-day moving average of $1.99 and a 200-day moving average of $1.79. The company has a market cap of $289.7 million and a P/E ratio of 10.84.
Several other analysts have also recently commented on the stock. Analysts at Raymond James downgraded shares of SilverCrest Mines from an “outperform” rating to a “market perform” rating in a research note on Friday, January 31st. Analysts at Zacks downgraded shares of SilverCrest Mines from an “outperform” rating to a “neutral” rating in a research note on Tuesday, December 3rd. They now have a $1.90 price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $2.70.
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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