Christopher Kyle Ritchie Sells 81,300 Shares of SilverCrest Metals Inc (CVE:SIL) Stock

SilverCrest Metals Inc (CVE:SIL – Get Rating) Senior Officer Christopher Kyle Ritchie sold 81,300 shares of the company’s stock in a transaction dated Monday, June 6th. The stock was sold at an average price of C$9.47, for a total transaction of C$769,886.61. Following the transaction, the insider now owns 685,900 shares in the company, valued at approximately C$6,495,267.23.
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 stock was sold at an average price of C$9.47, for a total transaction of C$11,345.06.
- On Wednesday, June 8th, Christopher Kyle Ritchie sold 17,502 shares of SilverCrest Metals stock. The stock was sold at an average price of C$9.48, for a total transaction of C$165,834.95.
- On Friday, May 13th, Christopher Kyle Ritchie bought 10,000 shares of SilverCrest Metals stock. The shares were acquired at an average price of C$8.10 per share, for a total transaction of C$80,990.00.
Shares of SIL stock traded down C$0.04 on Friday, reaching C$8.52. The company had a trading volume of 246,455 shares, compared to its average volume of 156,209. The company has a current ratio of 5.50, a quick ratio of 5.43 and a debt-to-equity ratio of 0.74. The stock has a market cap of C$1.25 billion and a PE ratio of -83.53. The company has a 50-day moving average of C$8.52 and a 200-day moving average of C$8.52. SilverCrest Metals Inc has a 12 month low of C$2.85 and a 12 month high of C$8.70.
SIL has been the topic of a number of research reports. Raymond James set a C$14.15 target price on shares of SilverCrest Metals and gave the company an “outperform” rating in a research report on Thursday, May 12th. Stifel Nicolaus upped their target price on shares of SilverCrest Metals from C$15.25 to C$16.00 in a research report on Wednesday, April 27th. Finally, Cormark set a C$14.00 price target on SilverCrest Metals and gave the company a “buy” rating in a research note on Friday, May 20th.
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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