SilverCrest Metals Inc. (NYSEAMERICAN:SILV - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as $8.25 and last traded at $8.25, with a volume of 19840 shares. The stock had previously closed at $8.15.
Analyst Ratings Changes
Several equities analysts have recently issued reports on SILV shares. Scotiabank upped their price target on SilverCrest Metals from $7.00 to $7.50 and gave the company a "sector outperform" rating in a research note on Monday, April 8th. Desjardins downgraded SilverCrest Metals from a "buy" rating to a "hold" rating in a report on Tuesday, March 12th.
Get Our Latest Stock Report on SilverCrest Metals
SilverCrest Metals Price Performance
The company has a market cap of $1.25 billion, a P/E ratio of 10.88 and a beta of 1.32.
SilverCrest Metals (NYSEAMERICAN:SILV - Get Free Report) last released its earnings results on Monday, March 11th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.09. The firm had revenue of $61.32 million during the quarter. SilverCrest Metals had a net margin of 47.62% and a return on equity of 33.11%. Equities analysts anticipate that SilverCrest Metals Inc. will post 0.51 earnings per share for the current fiscal year.
Institutional Trading of SilverCrest Metals
Several hedge funds have recently bought and sold shares of the stock. Anchor Investment Management LLC purchased a new position in SilverCrest Metals during the fourth quarter valued at approximately $33,000. Principal Securities Inc. acquired a new stake in SilverCrest Metals in the fourth quarter valued at approximately $33,000. Russell Investments Group Ltd. acquired a new stake in SilverCrest Metals in the fourth quarter valued at approximately $86,000. WINTON GROUP Ltd acquired a new stake in SilverCrest Metals in the third quarter valued at approximately $61,000. Finally, Cutler Group LLC CA boosted its stake in SilverCrest Metals by 63.8% in the fourth quarter. Cutler Group LLC CA now owns 22,545 shares of the company's stock valued at $147,000 after acquiring an additional 8,785 shares in the last quarter. Hedge funds and other institutional investors own 44.75% of the company's stock.
About SilverCrest Metals
(
Get Free Report)
SilverCrest Metals Inc engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico.
Featured Stories
Before you consider SilverCrest Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SilverCrest Metals wasn't on the list.
While SilverCrest Metals currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
