SilverCrest Metals Inc. (NYSE:SILV) Expected to Earn FY2025 Earnings of $0.52 Per Share

SilverCrest Metals Inc. (NYSE:SILV - Free Report) - Cormark issued their FY2025 earnings per share estimates for SilverCrest Metals in a note issued to investors on Thursday, May 16th. Cormark analyst N. Dion anticipates that the company will post earnings per share of $0.52 for the year. The consensus estimate for SilverCrest Metals' current full-year earnings is $0.56 per share.

Separately, Stifel Nicolaus lifted their price target on SilverCrest Metals from $9.75 to $11.25 and gave the company a "buy" rating in a research note on Wednesday.

SilverCrest Metals Stock Up 3.7 %

Shares of SilverCrest Metals stock traded up $0.34 on Friday, hitting $9.41. The company had a trading volume of 4,069,977 shares, compared to its average volume of 1,543,254. The stock has a market capitalization of $1.39 billion, a PE ratio of 11.34 and a beta of 1.22. SilverCrest Metals has a twelve month low of $4.16 and a twelve month high of $9.41.

SilverCrest Metals (NYSE:SILV - Get Free Report) last announced its quarterly earnings results on Monday, March 11th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.09. SilverCrest Metals had a return on equity of 32.01% and a net margin of 49.21%. The company had revenue of $61.32 million during the quarter.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Perritt Capital Management Inc. bought a new position in SilverCrest Metals in the first quarter valued at approximately $52,000. B. Riley Wealth Advisors Inc. grew its holdings in SilverCrest Metals by 12.3% during the first quarter. B. Riley Wealth Advisors Inc. now owns 63,990 shares of the company's stock worth $426,000 after purchasing an additional 7,000 shares during the period. Finally, Tidal Investments LLC increased its position in SilverCrest Metals by 5,624.4% during the first quarter. Tidal Investments LLC now owns 4,352,930 shares of the company's stock worth $28,991,000 after buying an additional 4,276,888 shares during the last quarter. Institutional investors and hedge funds own 44.75% of the company's stock.

SilverCrest Metals Company Profile

SilverCrest Metals Inc focuses on the acquisition, exploration, advancement and development of base mineral and precious metals properties primarily in Mexico. The company's properties consist of Las Chispas property. SilverCrest Metals Inc is headquartered in Vancouver, BC.