Look Past The Setbacks And Give SilverCrest Metals Inc (AMEX: SILV) Another Chance

SilverCrest Metals Inc (AMEX:SILV) currently has a daily average trading volume of 2.25M but it saw 2455055 shares traded in last market. With a market cap of 1.98B USD, the company’s current market price of $9.53 came falling about -4.41 while comparing to the previous closing price of $9.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.91 and as low as $4.83. In the recent trading on the day, stock has struck highest price mark of $9.5 while lowest mark touched by it was $10.35.

Taking a look at 20-day trading activity of SilverCrest Metals Inc (SILV) gives us an average price of $10.46, while its current price level is -19.96% below from 52-week high level whereas it is 97.31% 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 $9.79 while that of 200 days or SMA-200 reads an average of $8.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.99% during that period while stretching the period over a month that decreases to 5.05%. 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 42.88 which implies that the stock is in neutral territory.

Over the week, SILV’s stock price is moving 2.47% up while it is -7.66% when we observe its performance for the past one month. Year-to-date it is 45.50% up and over the past year, the stock is showing an upside performance of 86.86%.

Currently, SilverCrest Metals Inc’s total number of outstanding shares is 146.94M. Company’s return on investment (ROI) stands at 22.85% and return on equity (ROE) at 20.74%. It has a price to earnings ratio (P/E ratio) of 13.26 while having a 16.02 of forward P/E ratio. Stock’s beta reads 1.20. Stock has a price to book (P/B) ratio of 3.05 while price to sale or P/S ratio amounts to 7.11. Its return on asset (ROA) is 18.50% on average.