Desjardins Weighs in on SilverCrest Metals Inc.’s FY2023 Earnings (TSE:SIL)

SilverCrest Metals Inc. (TSE:SILGet Rating) – Equities researchers at Desjardins raised their FY2023 earnings estimates for shares of SilverCrest Metals in a research report issued on Sunday, May 14th. Desjardins analyst J. Egilo now expects that the company will post earnings per share of $0.89 for the year, up from their previous estimate of $0.56. The consensus estimate for SilverCrest Metals’ current full-year earnings is $0.56 per share. Desjardins also issued estimates for SilverCrest Metals’ FY2024 earnings at $0.89 EPS.

SilverCrest Metals Trading Down 0.3 %

Shares of TSE SIL opened at C$9.27 on Wednesday. SilverCrest Metals has a 1 year low of C$6.30 and a 1 year high of C$10.19. The stock has a market cap of C$1.36 billion, a P/E ratio of 31.97 and a beta of 0.93. The firm has a 50-day moving average of C$9.14 and a 200 day moving average of C$8.54. The company has a debt-to-equity ratio of 18.04, a current ratio of 3.03 and a quick ratio of 9.14.

SilverCrest Metals (TSE:SILGet Rating) last posted its earnings results on Monday, March 13th. The company reported C$0.05 EPS for the quarter, missing the consensus estimate of C$0.07 by C($0.02). SilverCrest Metals had a return on equity of 11.48% and a net margin of 71.94%. The company had revenue of C$55.38 million during the quarter.

About SilverCrest Metals

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SilverCrest Metals Inc explores for and develops precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its principal property includes the Las Chispas project that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico.

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

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