Analysts Set Expectations for SilverCrest Metals Inc.’s Q1 2024 Earnings (TSE:SIL)

SilverCrest Metals Inc. (TSE:SIL) – Equities researchers at Desjardins issued their Q1 2024 earnings per share (EPS) estimates for SilverCrest Metals in a research note issued on Tuesday, April 23rd. Desjardins analyst J. Egilo anticipates 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 (TSE:SIL) last posted its quarterly earnings data on Monday, March 11th. The company reported C$0.33 EPS 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 company had revenue of C$83.49 million for the quarter.

SilverCrest Metals Trading Up 3.3 %

Shares of SIL opened at C$11.57 on Thursday. 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 has a 12-month low of C$5.54 and a 12-month high of C$11.63. The firm has a market capitalization of C$1.70 billion, a PE ratio of 10.71 and a beta of 1.12. The stock’s fifty day simple moving average is C$8.74 and its 200-day simple moving average is C$8.11.

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.