SilverCrest Metals (NYSEAMERICAN:SILV) Shares Up 9.7% – Still a Buy?

SilverCrest Metals Inc. (NYSEAMERICAN:SILVGet Free Report)’s share price rose 9.7% during trading on Monday . The stock traded as high as $11.48 and last traded at $11.40. Approximately 862,842 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 1,741,364 shares. The stock had previously closed at $10.39.

SilverCrest Metals Stock Performance

The firm has a market capitalization of $1.62 billion, a PE ratio of 14.10 and a beta of 1.22.

SilverCrest Metals Company Profile

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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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