What’s Propelling SilverCrest Metals Inc to Increase So Much?

 What's Propelling SilverCrest Metals Inc to Increase So Much?

The stock of SilverCrest Metals Inc (CVE:SIL) is a huge mover today! About 77,088 shares traded hands. SilverCrest Metals Inc (CVE:SIL) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
The move comes after 5 months positive chart setup for the $111.82 million company. It was reported on Oct, 31 by Barchart.com. We have $7.83 PT which if reached, will make CVE:SIL worth $212.46 million more.

More notable recent SilverCrest Metals Inc (CVE:SIL) news were published by: Seekingalpha.com which released: “SilverCrest Metals Has Risen With The Price Of Silver” on May 03, 2016, also Investorideas.com with their article: “SilverCrest Metals Inc. (SIL.V) Team Does it Again: First Drill Hole Results …” published on August 04, 2016, Stockhouse.com published: “IIROC Trade Resumption – SilverCrest Metals Inc.” on August 02, 2016. More interesting news about SilverCrest Metals Inc (CVE:SIL) were released by: Finance.Yahoo.com and their article: “SilverCrest Appoints Vice President, Business Development” published on October 20, 2016 as well as Investorideas.com‘s news article titled: “#Mining News: #SilverCrest (TSXV: $SIL.V) Announces Remaining Phase I Drilling …” with publication date: September 14, 2016.

SilverCrest Metals Inc is a Canada-based metals exploration company. The company has a market cap of $111.82 million. The Firm is engaged in acquisition and exploration of mineral property interests in Mexico. It currently has negative earnings. The Company’s projects include Primary Kimberlite Projects, Alluvial and Eluvial Projects and Tailings Re-Treatment Projects.

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