SilverCrest Metals Inc. (NYSEMKT:SILV - Free Report) - Analysts at Desjardins issued their Q1 2024 EPS estimates for shares of SilverCrest Metals in a research note issued to investors on Tuesday, April 23rd. Desjardins analyst J. Sclodnick expects that the company will earn $0.17 per share for the quarter. The consensus estimate for SilverCrest Metals' current full-year earnings is $0.67 per share.
Separately, Scotiabank increased their price objective on shares of SilverCrest Metals from $7.00 to $7.50 and gave the stock a "sector outperform" rating in a research report on Monday, April 8th.
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SilverCrest Metals Stock Up 4.4 %
NYSEMKT:SILV traded up $0.36 on Thursday, hitting $8.51. The company had a trading volume of 2,034,474 shares, compared to its average volume of 1,423,583. The company's 50 day moving average price is $6.37 and its 200 day moving average price is $5.97. The stock has a market cap of $1.25 billion, a PE ratio of 10.91 and a beta of 1.32.
Institutional Trading of SilverCrest Metals
A hedge fund recently raised its stake in SilverCrest Metals stock. U S Global Investors Inc. boosted its position in shares of SilverCrest Metals Inc. (NYSEMKT:SILV - Free Report) by 138.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 680,600 shares of the company's stock after acquiring an additional 395,600 shares during the period. U S Global Investors Inc. owned 0.46% of SilverCrest Metals worth $4,535,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 44.75% of the company's stock.
About SilverCrest Metals
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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.
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