SilverCrest Metals (CVE:SIL) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

SilverCrest Metals Inc (CVE:SILGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$8.52 and traded as low as C$8.08. 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 capitalization of C$1.25 billion and a PE ratio of -83.53. The company has a quick ratio of 5.43, a current ratio of 5.50 and a debt-to-equity ratio of 0.74. The firm has a 50-day moving average price of C$8.52 and a 200 day moving average price of C$8.52.

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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