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Research analysts at Dundee Securities started coverage on shares of SilverCrest Mines (NASDAQ:SVLC) in a report released on Monday. The firm set a “buy” rating on the stock.

Shares of SilverCrest Mines (NASDAQ:SVLC) opened at 2.00 on Monday. SilverCrest Mines has a one year low of $1.42 and a one year high of $2.78. The stock has a 50-day moving average of $2.06 and a 200-day moving average of $1.97. The company has a market cap of $237.5 million and a price-to-earnings ratio of 45.11.

Separately, analysts at Roth Capital cut their price target on shares of SilverCrest Mines from $2.50 to $2.00 in a research note on Friday, July 18th. They now have a “neutral” rating on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $1.95.

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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