Will SilverCrest Metals Inc Short Squeeze Soon?

 Will SilverCrest Metals Inc Short Squeeze Soon?

The stock of SilverCrest Metals Inc (CVE:SIL) is a huge mover today! About 69,419 shares traded hands. SilverCrest Metals Inc (CVE:SIL) has risen 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 9 months negative chart setup for the $74.61M company. It was reported on Nov, 17 by Barchart.com. We have $1.82 PT which if reached, will make CVE:SIL worth $8.95M less.

More important 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 Prnewswire.com published article titled: “SilverCrest Receives Underground Drilling and Bulk Sample Permit; Extensive …”, Juniorminingnetwork.com published: “SilverCrest Metals CEO to Take Temporary Leave of Absence” on August 11, 2016. More interesting news about SilverCrest Metals Inc (CVE:SIL) was released by: Marketwatch.com and their article: “SilverCrest Announces New Discovery at Las Chispas; Varela Veins with Multiple …” with publication date: November 14, 2016.

SilverCrest Metals Inc is a Canada-based metals exploration company. The company has a market cap of $74.61 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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