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SilverCrest Metals ( (TSE:SIL) ) has issued an update.
SilverCrest Metals Inc. announced that its securityholders have approved a plan of arrangement with Coeur Mining, Inc., allowing Coeur to acquire all issued and outstanding SilverCrest shares. The transaction, expected to close around February 14, 2025, pending customary conditions, signifies a strategic move in the precious metals industry, potentially enhancing SilverCrest’s market position and operational capabilities.
More about SilverCrest Metals
SilverCrest Metals Inc. is a Canadian precious metals producer based in Vancouver, BC, primarily focused on its Las Chispas Operation in Sonora, Mexico. The company aims to expand its asset base by increasing resources and reserves, acquiring and developing high-value precious metals projects, and operating multiple silver-gold mines across the Americas.
YTD Price Performance: 15.29%
Average Trading Volume: 1,937,488
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.68B
Learn more about SIL stock on TipRanks’ Stock Analysis page.
