Q3 2024 EPS Estimates for SilverCrest Metals Inc. (TSE:SIL) Lifted by Analyst

SilverCrest Metals Inc. (TSE:SIL) – Analysts at Raymond James boosted their Q3 2024 earnings per share (EPS) estimates for shares of SilverCrest Metals in a research note issued to investors on Monday, September 23rd. Raymond James analyst C. Stanley now expects that the company will post earnings per share of $0.24 for the quarter, up from their prior forecast 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) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C$0.05 EPS for the quarter, missing the consensus estimate of C$0.24 by C($0.19). The business had revenue of C$99.53 million during the quarter. SilverCrest Metals had a net margin of 40.61% and a return on equity of 26.79%.

Separately, BMO Capital Markets lowered SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 15th.

SilverCrest Metals Price Performance

SilverCrest Metals stock opened at C$13.76 on Wednesday. The company has a quick ratio of 9.14, a current ratio of 5.87 and a debt-to-equity ratio of 0.12. SilverCrest Metals has a 52-week low of C$5.85 and a 52-week high of C$14.04. The firm has a market cap of C$2.04 billion, a PE ratio of 13.59 and a beta of 1.17. The company’s 50 day moving average is C$11.91 and its two-hundred day moving average is C$11.30.

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.