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SILV

SilverCrest Metals Inc.

https://www.silvercrestmetals.com

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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.

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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

Numerous companies are scheduled to report their earnings on March 6, 2024, covering a wide range of industries from technology to retail. Notable mentions include JD.com with expected earnings of $0.63 per share on a revenue of $42.16 billion, and Abercrombie & Fitch forecasting $2.83 per share on $1.43 billion revenue. Other companies like Foot Locker, Thor Industries, and Campbell Soup are also set to report their earnings, alongside firms expected to report losses such as WAVE Life Sciences and EVgo.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 10:00 am

SilverCrest Metals (AMEX:SILV) is anticipated to report an EPS of $0.10 in its upcoming quarterly earnings on 2024-03-06. Historically, the company has surpassed EPS estimates, leading to positive stock price movements. Last quarter, SILV beat the EPS estimate by $0.08, resulting in a 4.22% share price increase. Over the last year, SILV shares have risen by 3.45%, with the stock currently trading at $5.38. Investors are optimistic, looking for not only an earnings beat but also positive future guidance.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 4:03 pm

SilverCrest Metals Inc. has released its Q3 2023 operational results, reporting the sale of 14,500 ounces of gold at an average price of $1,931/oz and 1.53 million ounces of silver at an average price of $23.41/oz. The company generated $63.8 million in revenue from these sales. SilverCrest also spent $7.1 million to buy back 1.5 million shares, demonstrating its financial strength and commitment to return shareholder capital. The company remains well funded with $81.7 million in treasury holdings.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 9:07 pm

Benzinga Insights has identified five value stocks in the basic materials sector that may be worth watching: SilverCrest Metals (SILV), Ferroglobe (GSM), Boise Cascade (BCC), LSB Industries (LXU), and CVR Partners (UAN). The selection is based on low P/E multiples, indicating potential undervaluation. The report also provides updates on each company's recent earnings per share and dividend yield changes.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 2:39 pm

SilverCrest Metals reported Q2 earnings of $0.16 per share, missing the analyst consensus estimate of $0.19 by 15.79%. However, the company's quarterly sales of $62.00 million beat the analyst consensus estimate of $40.03 million by 54.88%. This represents a 166.67% increase in earnings from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 09, 2023 | 8:35 pm

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