SilverCrest Metals Inc (AMEX: SILV): Think Like A Lender, Not An Investor

SilverCrest Metals Inc (AMEX:SILV) currently has a daily average trading volume of 2.11M but it saw 1438522 shares traded in last market. With a market cap of 2.23B USD, the company’s current market price of $10.78 came falling about -1.82 while comparing to the previous closing price of $10.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.91 and as low as $4.79. In the recent trading on the day, stock has struck highest price mark of $10.54 while lowest mark touched by it was $10.98.

Taking a look at 20-day trading activity of SilverCrest Metals Inc (SILV) gives us an average price of $10.52, while its current price level is -9.46% below from 52-week high level whereas it is 124.92% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.50 while that of 200 days or SMA-200 reads an average of $8.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.21% during that period while stretching the period over a month that increases to 4.23%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.66 which implies that the stock is in neutral territory.

Over the week, SILV’s stock price is moving -6.59% down while it is 16.79% when we observe its performance for the past one month. Year-to-date it is 64.58% up and over the past year, the stock is showing an upside performance of 115.17%.

Currently, SilverCrest Metals Inc’s total number of outstanding shares is 146.94M. Company’s return on investment (ROI) stands at 23.41% and return on equity (ROE) at 26.79%. It has a price to earnings ratio (P/E ratio) of 15.00 while having a 16.74 of forward P/E ratio. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 3.53 while price to sale or P/S ratio amounts to 8.53. Its return on asset (ROA) is 24.32% on average.