Christopher Kyle Ritchie Sells 17,502 Shares of SilverCrest Metals Inc (CVE:SIL) Stock
SilverCrest Metals Inc (CVE:SIL – Get Rating) Senior Officer Christopher Kyle Ritchie sold 17,502 shares of the stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of C$9.48, for a total transaction of C$165,834.95. Following the sale, the insider now directly owns 685,900 shares of the company’s stock, valued at C$6,499,039.68.
Christopher Kyle Ritchie also recently made the following trade(s):
- On Friday, June 10th, Christopher Kyle Ritchie sold 1,198 shares of SilverCrest Metals stock. The shares were sold at an average price of C$9.47, for a total transaction of C$11,345.06.
- On Monday, June 6th, Christopher Kyle Ritchie sold 81,300 shares of SilverCrest Metals stock. The shares were sold at an average price of C$9.47, for a total transaction of C$769,886.61.
- On Friday, May 13th, Christopher Kyle Ritchie purchased 10,000 shares of SilverCrest Metals stock. The shares were purchased at an average cost of C$8.10 per share, with a total value of C$80,990.00.
Shares of SIL traded down C$0.04 during mid-day trading on Friday, hitting C$8.52. 246,455 shares of the company traded hands, compared to its average volume of 156,209. SilverCrest Metals Inc has a 1-year low of C$2.85 and a 1-year high of C$8.70. 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 company has a market capitalization of C$1.25 billion and a PE ratio of -83.53. The business has a 50 day moving average of C$8.52 and a 200 day moving average of C$8.52.
SIL has been the subject of several analyst reports. Cormark set a C$14.00 price target on shares of SilverCrest Metals and gave the company a “buy” rating in a research report on Friday, May 20th. Raymond James set a C$14.15 price objective on shares of SilverCrest Metals and gave the company an “outperform” rating in a report on Thursday, May 12th. Finally, Stifel Nicolaus upped their price objective on shares of SilverCrest Metals from C$15.25 to C$16.00 in a report on Wednesday, April 27th.
About SilverCrest Metals (Get Rating)
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.
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