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SilverCrest Metals ( (TSE:SIL) ) just unveiled an update.
SilverCrest Metals Inc. has received a favorable recommendation from Institutional Shareholder Services Inc. and other advisory firms for its proposed arrangement with Coeur Mining, Inc. The arrangement promises a premium valuation for shareholders and is expected to be accretive, offering enhanced growth prospects through a larger, diversified combined entity. The SilverCrest Board unanimously supports the arrangement, emphasizing the strategic benefits and urging securityholders to vote in favor before the deadline.
More about SilverCrest Metals
SilverCrest Metals Inc. operates in the mining industry, focusing on the exploration and development of precious metal projects, primarily silver and gold. The company is recognized for its commitment to advancing high-grade silver projects in North America.
YTD Price Performance: 2.65%
Average Trading Volume: 1,894,493
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.5B
Find detailed analytics on SIL stock on TipRanks’ Stock Analysis page.