SilverCrest Metals (NYSEAMERICAN:SILV) Stock Price Down 6.7% – Here’s Why

SilverCrest Metals Inc. (NYSEAMERICAN:SILVGet Free Report) dropped 6.7% during mid-day trading on Monday . The company traded as low as $9.60 and last traded at $9.62. Approximately 827,236 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 1,715,968 shares. The stock had previously closed at $10.31.

SilverCrest Metals Trading Down 4.4 %

The firm has a market capitalization of $1.40 billion, a P/E ratio of 12.62 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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