SilverCrest Metals (TSE:SIL) Hits New 12-Month High at $11.44

SilverCrest Metals Inc. (TSE:SIL - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$11.44 and last traded at C$11.17, with a volume of 100150 shares. The stock had previously closed at C$11.20.

Analyst Upgrades and Downgrades

Separately, Desjardins cut SilverCrest Metals from a "buy" rating to a "hold" rating in a research note on Monday, March 11th.

SilverCrest Metals Price Performance

The stock has a fifty day moving average of C$8.74 and a two-hundred day moving average of C$8.11. The stock has a market cap of C$1.70 billion, a price-to-earnings ratio of 10.71 and a beta of 1.12. 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 announced its quarterly earnings data on Monday, March 11th. The company reported C$0.33 earnings per share for the quarter, topping analysts' consensus estimates of C$0.20 by C$0.13. SilverCrest Metals had a return on equity of 34.36% and a net margin of 47.62%. The firm had revenue of C$83.49 million for the quarter. On average, equities research analysts anticipate that SilverCrest Metals Inc. will post 0.5574324 earnings per share for the current year.

About SilverCrest Metals

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.