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SilverCrest Metals Inc. Expected to Post Q3 2024 Earnings of $0.24 Per Share (TSE:SIL)

SilverCrest Metals logo with Basic Materials background

SilverCrest Metals Inc. (TSE:SIL - Free Report) - Investment analysts at Raymond James upped their Q3 2024 earnings per share estimates for shares of SilverCrest Metals in a report issued on Monday, September 23rd. Raymond James analyst C. Stanley now forecasts that the company will post earnings per share of $0.24 for the quarter, up from their previous estimate of $0.22. The consensus estimate for SilverCrest Metals' current full-year earnings is $0.86 per share. Raymond James also issued estimates for SilverCrest Metals' Q4 2024 earnings at $0.23 EPS, Q1 2025 earnings at $0.23 EPS, Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.22 EPS and Q4 2025 earnings at $0.22 EPS.

SilverCrest Metals (TSE:SIL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The company reported C$0.05 earnings per share for the quarter, missing analysts' consensus estimates of C$0.24 by C($0.19). The company had revenue of C$99.53 million for the quarter. SilverCrest Metals had a net margin of 40.61% and a return on equity of 26.79%.

Separately, BMO Capital Markets downgraded shares of SilverCrest Metals from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 15th.

Get Our Latest Stock Analysis on SilverCrest Metals

SilverCrest Metals Stock Up 1.4 %

Shares of TSE:SIL traded up C$0.18 during trading on Wednesday, reaching C$13.18. The stock had a trading volume of 211,029 shares, compared to its average volume of 326,121. The firm's 50-day simple moving average is C$11.91 and its 200 day simple moving average is C$11.29. The company has a current ratio of 5.87, a quick ratio of 9.14 and a debt-to-equity ratio of 0.12. SilverCrest Metals has a one year low of C$5.85 and a one year high of C$14.04. The company has a market capitalization of C$1.96 billion, a P/E ratio of 13.45 and a beta of 1.17.

About SilverCrest Metals

(Get Free Report)

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.

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

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