Silvercrest Metals (SILV)

[TFMG]

SILV - Big Volume Surge Upwards Due To Permit In Sonora

Silvercrest Metals Inc is a Canada-based metals exploration company. The Company is engaged in acquisition and exploration of mineral property interests in Mexico. The Company's projects include Primary Kimberlite Projects, Alluvial and Eluvial Projects and Tailings Re-Treatment Projects. The Company owns interest in DMI Minerals South Africa ( Pty ) Limited and interests held by the Company's South African Black Economic Empowerment partner Nozala Investments ( Pty ) Limited. The Company has interest in over two mineral concessions, Cruz de Mayo 2 and El Gueriguito, which are located in Sonora State, Mexico. The Company's Las Chispas, Sonora, Mexico property is located in northeast of Hermosillo, Sonora, Mexico, and consists of approximately 20 concessions. The Company's other projects include The Silver Angel Property, The Estacion Llano Property and The Guadalupe Property, which are located in Mexico.

SHORT INTEREST:

241.11K (06/28/19)

P/E Current:

-75.93

Analysts Price Target:

$6.57

Analysts Recommendation: BUY

PERMIT Information Source: https://finance.yahoo.com/news/silvercre...