SilverCrest Metals (TSE:SIL) Sets New 12-Month High at $10.65

SilverCrest Metals Inc. (TSE:SIL - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$10.65 and last traded at C$10.62, with a volume of 73374 shares. The stock had previously closed at C$10.40.

Wall Street Analysts Forecast Growth

Separately, Desjardins lowered shares of SilverCrest Metals from a "buy" rating to a "hold" rating in a research report on Monday, March 11th.

SilverCrest Metals Trading Up 4.5 %

The company has a market cap of C$1.60 billion, a price-to-earnings ratio of 9.94 and a beta of 1.12. The company's fifty day moving average price is C$8.37 and its two-hundred day moving average price is C$7.94. The company has a quick ratio of 9.14, a current ratio of 3.45 and a debt-to-equity ratio of 0.07.

SilverCrest Metals (TSE:SIL - Get Free Report) last issued its quarterly earnings results on Monday, March 11th. The company reported C$0.33 earnings per share for the quarter, beating analysts' consensus estimates of C$0.20 by C$0.13. SilverCrest Metals had a net margin of 47.62% and a return on equity of 34.36%. The business had revenue of C$83.49 million during the quarter. Research analysts expect that SilverCrest Metals Inc. will post 0.5574324 earnings per share for the current year.

SilverCrest Metals Company Profile

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.