Desjardins Comments on SilverCrest Metals Inc.’s Q2 2024 Earnings (TSE:SIL)

SilverCrest Metals Inc. (TSE:SILFree Report) – Research analysts at Desjardins issued their Q2 2024 earnings per share estimates for shares of SilverCrest Metals in a research report issued on Sunday, July 21st. Desjardins analyst J. Sclodnick anticipates that the company will post earnings per share of $0.28 for the quarter. The consensus estimate for SilverCrest Metals’ current full-year earnings is $0.84 per share.

SIL has been the subject of a number of other research reports. BMO Capital Markets downgraded shares of SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a report on Monday, July 15th. Scotiabank cut SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 23rd.

Read Our Latest Report on SilverCrest Metals

SilverCrest Metals Stock Down 2.7 %

Shares of TSE:SIL opened at C$12.53 on Wednesday. SilverCrest Metals has a 52-week low of C$5.54 and a 52-week high of C$14.04. The stock has a market cap of C$1.85 billion, a P/E ratio of 10.90 and a beta of 1.07. The business has a fifty day moving average of C$11.99 and a two-hundred day moving average of C$9.97. The company has a quick ratio of 9.14, a current ratio of 6.51 and a debt-to-equity ratio of 0.06.

SilverCrest Metals (TSE:SILGet Free Report) last posted its quarterly earnings results on Tuesday, May 14th. The company reported C$0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.17 by C$0.14. SilverCrest Metals had a return on equity of 33.24% and a net margin of 49.21%. The business had revenue of C$85.80 million during the quarter.

About SilverCrest Metals

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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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