SilverCrest Metals (NYSEAMERICAN:SILV) Trading 5% Higher – Time to Buy?

SilverCrest Metals Inc. (NYSEAMERICAN:SILVGet Free Report)’s share price shot up 5% during mid-day trading on Tuesday . The stock traded as high as $10.27 and last traded at $10.26. 328,677 shares traded hands during trading, a decline of 81% from the average session volume of 1,746,688 shares. The stock had previously closed at $9.77.

SilverCrest Metals Stock Performance

The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 12.53 and a beta of 1.22.

About SilverCrest Metals

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SilverCrest Metals Inc engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico.

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