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SilverCrest Metals (TSE:SIL) Trading Up 7.8% - Time to Buy?

SilverCrest Metals logo with Basic Materials background

SilverCrest Metals Inc. (TSE:SIL - Get Free Report) shares rose 7.8% during mid-day trading on Thursday . The stock traded as high as C$15.93 and last traded at C$15.84. Approximately 207,860 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 152,015 shares. The stock had previously closed at C$14.70.

SilverCrest Metals Stock Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 5.87 and a quick ratio of 9.14. The company has a 50 day simple moving average of C$14.25 and a 200-day simple moving average of C$13.36. The firm has a market cap of C$2.35 billion, a PE ratio of 16.10 and a beta of 1.18.

SilverCrest Metals (TSE:SIL - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported C$0.24 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of C$0.24. SilverCrest Metals had a net margin of 40.61% and a return on equity of 26.79%. During the same period in the previous year, the business posted $0.27 earnings per share. As a group, equities research analysts anticipate that SilverCrest Metals Inc. will post 0.9510067 EPS for the current year.

SilverCrest Metals Company Profile

(Get Free Report)

SilverCrest is a Canadian precious metals producer headquartered in Vancouver, BC, with an ongoing initiative to increase its asset base by expanding current resources and reserves, acquiring, discovering and developing high value precious metals projects and ultimately operating multiple silver-gold mines in the Americas.

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