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SilverCrest Metals Inc’s Shares Reel: -2.75% Quarterly Revenue Decline Amid 931.59M Market Cap

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The market performance of SilverCrest Metals Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $7.56 on 05/12/23, while the lowest value for the same duration was $4.16 on 08/02/23.

52-week price history of SILV Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. SilverCrest Metals Inc’s current trading price is -15.49% away from its 52-week high, while its distance from the 52-week low is 53.58%. The stock’s price range during the 52-week period has remained between $4.16 and $7.56. In the Basic Materials sector, the company’s shares saw a trading volume of around 4.05 million for the day, which was evidently higher than the average daily volume of 1.08 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

SilverCrest Metals Inc (SILV) has experienced a quarterly decline of -2.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 931.59M and boasts a workforce of 375 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.72, with a change in price of +1.79. Similarly, SilverCrest Metals Inc recorded 1,253,118 in trading volume during the last 100 days, posting a change of +37.65%.

Examining SILV’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SILV stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

SILV Stock Stochastic Average

SilverCrest Metals Inc’s raw stochastic average for the past 50 days is presently 83.19%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 92.58%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 88.33% and 86.79%, respectively.

SILV Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -2.46%. However, over the past six months, we’ve seen a weaker performance of 39.50%. The price of SILV fallen by 15.54% over the last 30 days. And in the last five days, it has surged by 18.76%.