SilverCrest Metals (SIL) to Release Earnings on Tuesday

SilverCrest Metals (TSE:SIL) will be announcing its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of C$0.24 per share for the quarter.

SilverCrest Metals (TSE:SIL) last issued its earnings results on Wednesday, August 7th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.24 by C($0.19). The firm had revenue of C$99.53 million during the quarter. SilverCrest Metals had a return on equity of 26.79% and a net margin of 40.61%.

SilverCrest Metals Trading Down 2.3 %

Shares of TSE SIL opened at C$13.30 on Tuesday. The firm’s 50 day moving average price is C$12.97 and its 200-day moving average price is C$12.23. The company has a market cap of C$1.98 billion, a PE ratio of 13.57 and a beta of 1.18. SilverCrest Metals has a 52-week low of C$6.61 and a 52-week high of C$16.46. The company has a debt-to-equity ratio of 0.12, a quick ratio of 9.14 and a current ratio of 5.87.

Analyst Ratings Changes

Several research analysts have recently issued reports on SIL shares. Ventum Cap Mkts downgraded shares of SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 4th. 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.

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.