SilverCrest Metals (SIL) to Release Earnings on Tuesday

SilverCrest Metals (TSE:SIL) is scheduled to post its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect SilverCrest Metals to post earnings of C$0.24 per share for the quarter.

SilverCrest Metals Price Performance

Shares of SIL opened at C$14.33 on Monday. The company has a market cap of C$2.13 billion, a price-to-earnings ratio of 14.62 and a beta of 1.18. SilverCrest Metals has a 1-year low of C$6.76 and a 1-year high of C$16.46. The company’s fifty day simple moving average is C$13.16 and its 200 day simple moving average is C$12.31. The company has a current ratio of 5.87, a quick ratio of 9.14 and a debt-to-equity ratio of 0.12.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Ventum Cap Mkts downgraded shares of SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a report on Friday, October 4th. BMO Capital Markets downgraded shares of SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a report on Monday, July 15th.

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.