Desjardins Comments on SilverCrest Metals Inc.'s Q1 2024 Earnings (TSE:SIL)

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SilverCrest Metals Inc. (TSE:SIL - Free Report) - Investment analysts at Desjardins issued their Q1 2024 earnings per share (EPS) estimates for shares of SilverCrest Metals in a report released on Tuesday, April 23rd. Desjardins analyst J. Egilo forecasts that the company will post earnings of $0.23 per share for the quarter. Desjardins has a "Hold" rating on the stock. The consensus estimate for SilverCrest Metals' current full-year earnings is $0.56 per share.

SilverCrest Metals Stock Up 3.3 %

SIL stock traded up C$0.37 on Thursday, hitting C$11.57. 452,450 shares of the company's stock were exchanged, compared to its average volume of 282,494. SilverCrest Metals has a 12-month low of C$5.54 and a 12-month high of C$11.63. The firm has a 50 day moving average price of C$8.74 and a two-hundred day moving average price of C$8.11. The company has a debt-to-equity ratio of 0.07, a quick ratio of 9.14 and a current ratio of 3.45. The stock has a market cap of C$1.70 billion, a P/E ratio of 10.71 and a beta of 1.12.

SilverCrest Metals (TSE:SIL - Get Free Report) last announced its quarterly earnings results on Monday, March 11th. The company reported C$0.33 earnings per share (EPS) for the quarter, beating 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 business had revenue of C$83.49 million for the quarter.

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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