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SilverCrest Metals ( (TSE:SIL) ) has issued an announcement.
SilverCrest Metals Inc. announced the completion of its arrangement with Coeur Mining, resulting in Coeur’s acquisition of all SilverCrest shares. This acquisition signifies a strategic move for SilverCrest as its shares are set to be delisted from major stock exchanges, and it also plans to cease being a reporting issuer in Canada. This development marks a significant shift in SilverCrest’s operational structure, potentially impacting its stakeholders and market positioning.
More about SilverCrest Metals
SilverCrest Metals Inc. operates in the mining industry, focusing on the exploration and development of precious metal projects, particularly gold and silver. The company is known for its Las Chispas Project in Sonora, Mexico, and aims to expand its market presence through strategic acquisitions and partnerships.
YTD Price Performance: 17.74%
Average Trading Volume: 1,914,562
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.73B
Learn more about SIL stock on TipRanks’ Stock Analysis page.