Streetbeat News

SILV

SilverCrest Metals Inc.

https://www.silvercrestmetals.com

Industry

Other Precious Metals

SilverCrest Metals Inc. explores for and develops precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its principal property includes the Las Chispas project that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico. The company was incorporated in 2015 and is headquartered in Vancouver, Canada.

Open

9.88

Mkt cap

1.4B

Volume

9.7M

High

10.00

P/E Ratio

13.48

52-wk high

11.91

Low

9.48

Div yield

N/A

52-wk low

4.83

Stifel analyst Stephen Soock maintains a Buy rating on SilverCcrest Metals (AMEX:SILV) and raises the price target from $9.75 to $11.25.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:12 pm

Shares of precious metals stocks are trading lower due to a decrease in the price of gold and silver, affecting a broad range of companies in the sector.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 10:51 am

Scotiabank analyst Ovais Habib has maintained a Sector Outperform rating on SilverCrest Metals (AMEX:SILV) and increased the price target from $7 to $7.5.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 2:58 pm

BMO Capital analyst Kevin O'Halloran has maintained an Outperform rating on SilverCrest Metals (AMEX:SILV) and increased the price target from $8.25 to $9.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:05 pm

Desjardins analyst John Sclodnick downgrades SilverCrest Metals (AMEX:SILV) from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:15 am

SilverCrest Metals Inc. (NYSE:SILV) shares surged after reporting Q4 2023 results with revenue of $61.3 million, beating the consensus of $44.1 million. The company also exceeded its sales guidance and AISC guidance for the year, with mine operating earnings of $36.9 million and an EPS of $0.24, surpassing the consensus of $0.10. CEO N. Eric Fier highlighted the successful first full year of commercial production at Las Chispas and the mobilization of a new underground mining contractor. FY24 outlook remains in line with previous forecasts, with SILV shares up 18% at $6.57.

Portfolio Pulse from Lekha Gupta

March 11, 2024 | 3:44 pm

SilverCrest reported sales of 58,200 ounces of gold and 5.62 million ounces of silver, totaling 10.25 million ounces of silver equivalent (AgEq) in Q4. This indicates a significant production and sales achievement for the company.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:18 am

SilverCrest Metals (AMEX:SILV) reported Q4 earnings of $0.24 per share, surpassing the $0.10 estimate, a 500% increase from last year. Sales reached $61.32M, beating the $44.09M estimate, up 50.33% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:15 am

Earnings reports for March 11, 2024, include a mix of projected losses and gains across various sectors. Notable companies like Oracle, Vail Resorts, and Ballard Power Systems are among those reporting. The diversity in performance indicators suggests a varied impact on the market.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 8:56 am

SilverCrest Metals (AMEX:SILV) is scheduled to release its quarterly earnings report on March 11, 2024, with analysts expecting an EPS of $0.10. The company's past performance shows a history of beating EPS estimates, which has positively impacted its share price. However, shares have declined by 6.12% over the last 52 weeks. Investors will be looking for not only an earnings beat but also positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:01 pm

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