RBC Capital analyst Michael Siperco maintained a Hold rating on SilverCrest Metals (SILV – Research Report) on April 19 and set a price target of C$8.50. The company’s shares closed yesterday at $7.49.
Siperco covers the Basic Materials sector, focusing on stocks such as Hecla Mining Company, New Gold, and Pan American Silver. According to TipRanks, Siperco has an average return of 1.2% and a 49.50% success rate on recommended stocks.
SilverCrest Metals has an analyst consensus of Moderate Buy, with a price target consensus of $7.05.
The company has a one-year high of $7.92 and a one-year low of $4.16. Currently, SilverCrest Metals has an average volume of 1.59M.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SILV in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SilverCrest Metals (SILV) Company Description:
SilverCrest Metals, Inc. engages in the exploration, acquisition, and development of mineral properties and precious metals. It focuses on new discoveries, value-added acquisitions, and targeting production in Mexico’s historic precious metal districts. Its portfolio includes Las Chispas, Cruz de Mayo, Angel de Plata, and Estacion Llano. The company was founded on June 23, 2015 and is headquartered in Vancouver, Canada.
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