Brokers Offer Predictions for SilverCrest Metals Inc.’s Q1 2024 Earnings (TSE:SIL)

SilverCrest Metals Inc. (TSE:SIL) – Desjardins issued their Q1 2024 earnings per share estimates for SilverCrest Metals in a report issued on Tuesday, April 23rd. Desjardins analyst J. Egilo anticipates that the company will earn $0.23 per share for the quarter. Desjardins currently has a “Hold” rating on the stock. The consensus estimate for SilverCrest Metals’ current full-year earnings is $0.56 per share.

SilverCrest Metals Price Performance

TSE:SIL opened at C$11.20 on Thursday. The firm has a market capitalization of C$1.65 billion, a price-to-earnings ratio of 10.37 and a beta of 1.12. SilverCrest Metals has a 52-week low of C$5.54 and a 52-week high of C$11.20. The stock has a fifty day moving average of C$8.65 and a 200 day moving average of C$8.09. The company has a debt-to-equity ratio of 0.07, a quick ratio of 9.14 and a current ratio of 3.45.

SilverCrest Metals (TSE:SIL) last posted 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. The firm had revenue of C$83.49 million for the quarter. SilverCrest Metals had a return on equity of 34.36% and a net margin of 47.62%.

SilverCrest Metals Company Profile

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.