SilverCrest Metals (CVE:SIL) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

SilverCrest Metals Inc (CVE:SILGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$8.52 and traded as high as C$8.70. SilverCrest Metals shares last traded at C$8.52, with a volume of 246,455 shares changing hands.

SilverCrest Metals Stock Performance

The firm has a market cap of C$1.25 billion and a PE ratio of -83.53. The firm has a 50-day moving average price of C$8.52 and a two-hundred day moving average price of C$8.52. The company has a quick ratio of 5.43, a current ratio of 5.50 and a debt-to-equity ratio of 0.74.

About SilverCrest Metals

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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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