SilverCrest Metals Inc. to Post Q1 2024 Earnings of $0.23 Per Share, Desjardins Forecasts (TSE:SIL)

SilverCrest Metals Inc. (TSE:SIL) – Stock analysts at Desjardins issued their Q1 2024 earnings per share estimates for SilverCrest Metals in a research report issued on Tuesday, April 23rd. Desjardins analyst J. Egilo anticipates that the company will post earnings per share of $0.23 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 announced its quarterly earnings data 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 business had revenue of C$83.49 million during the quarter. SilverCrest Metals had a net margin of 47.62% and a return on equity of 34.36%.

SilverCrest Metals Stock Up 3.3 %

Shares of TSE SIL opened at C$11.57 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 9.14 and a current ratio of 3.45. The firm has a market capitalization of C$1.70 billion, a price-to-earnings ratio of 10.71 and a beta of 1.12. The stock has a 50 day moving average price of C$8.74 and a 200 day moving average price of C$8.11. SilverCrest Metals has a 52-week low of C$5.54 and a 52-week high of C$11.63.

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.