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SILV’s Stochastic Averages Dip: Analyzing SilverCrest Metals Inc’s Stock Performance

HCCC Stock

The market performance of SilverCrest Metals Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $7.56 on 05/12/23, with the lowest value for the same timeframe being $4.16, recorded on 08/02/23.

52-week price history of SILV Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. SilverCrest Metals Inc’s current trading price is -6.55% away from its 52-week high, while its distance from the 52-week low is 69.83%. The stock’s price range during this period has fluctuated between $4.16 and $7.56. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 2.29 million for the day, which was evidently higher than the average daily volume of 1.32 million over the last three months.

Financial Performance and Market Capitalization

SilverCrest Metals Inc (SILV) has experienced a quarterly rise of 9.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.04B and boasts a workforce of 340 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.97, with a change in price of +2.03. Similarly, SilverCrest Metals Inc recorded 1,318,668 in trading volume during the last 100 days, posting a change of +40.28%.

SILV Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its 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

The raw stochastic average for SilverCrest Metals Inc over the last 50 days is presently at 97.60%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 96.85%. Further, the company’s Stochastic %K and %D values for the last 20 days were 91.81% and 87.91%, respectively.

SILV Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 7.86% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 63.16%. Over the past 30 days, the price of SILV has fallen by 31.32%. And in the last five days, it has surged by 9.88%.