SilverCrest Metals (TSE:SIL – Get Free Report) was downgraded by equities research analysts at Ventum Cap Mkts from a “strong-buy” rating to a “hold” rating in a research note issued on Friday, Zacks.com reports.
Separately, BMO Capital Markets downgraded SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a report on Monday, July 15th.
Get Our Latest Stock Analysis on SilverCrest Metals
SilverCrest Metals Stock Down 2.8 %
SilverCrest Metals (TSE:SIL – Get Free Report) last released 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 company 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%. On average, equities analysts expect that SilverCrest Metals will post 0.8934954 EPS for the current year.
About SilverCrest Metals
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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