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Cormark Comments on SilverCrest Metals Inc.'s FY2024 Earnings (TSE:SIL)

SilverCrest Metals Inc. (TSE:SIL - Free Report) - Analysts at Cormark increased their FY2024 EPS estimates for shares of SilverCrest Metals in a research report issued on Thursday, May 16th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.91 for the year, up from their previous forecast of $0.59. The consensus estimate for SilverCrest Metals' current full-year earnings is $0.85 per share.

SilverCrest Metals (TSE:SIL - Get Free Report) last issued its earnings results on Monday, March 11th. The company reported C$0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.20 by C$0.13. SilverCrest Metals had a net margin of 49.21% and a return on equity of 33.24%. The company had revenue of C$83.49 million for the quarter.

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

Check Out Our Latest Research Report on SIL

SilverCrest Metals Stock Up 2.6 %

Shares of TSE:SIL traded up C$0.32 during trading on Monday, reaching C$12.68. The stock had a trading volume of 976,685 shares, compared to its average volume of 307,706. SilverCrest Metals has a one year low of C$5.54 and a one year high of C$12.70. The company has a market capitalization of C$1.87 billion, a P/E ratio of 11.12 and a beta of 1.07. The company has a current ratio of 6.51, a quick ratio of 9.14 and a debt-to-equity ratio of 0.06. The firm's 50-day simple moving average is C$10.22 and its 200 day simple moving average is C$8.69.


SilverCrest Metals Company Profile

(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.

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Earnings History and Estimates for SilverCrest Metals (TSE:SIL)

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