SilverCrest Metals Inc. (NYSEMKT:SILV – Free Report) – Stock analysts at Desjardins issued their Q1 2024 EPS estimates for shares of SilverCrest Metals in a report issued on Tuesday, April 23rd. Desjardins analyst J. Sclodnick anticipates that the company will post earnings per share of $0.17 for the quarter. The consensus estimate for SilverCrest Metals’ current full-year earnings is $0.67 per share.
Separately, Scotiabank boosted their target price on shares of SilverCrest Metals from $7.00 to $7.50 and gave the company a “sector outperform” rating in a report on Monday, April 8th.
SilverCrest Metals Trading Up 4.4 %
Shares of NYSEMKT SILV opened at $8.51 on Thursday. The stock has a market capitalization of $1.25 billion, a P/E ratio of 10.91 and a beta of 1.32. The business’s 50 day moving average price is $6.37 and its 200-day moving average price is $5.97.
Institutional Trading of SilverCrest Metals
A hedge fund recently raised its stake in SilverCrest Metals stock. U S Global Investors Inc. raised its holdings in shares of SilverCrest Metals Inc. (NYSEMKT:SILV – Free Report) by 138.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 680,600 shares of the company’s stock after purchasing an additional 395,600 shares during the period. U S Global Investors Inc. owned about 0.46% of SilverCrest Metals worth $4,535,000 as of its most recent SEC filing. Institutional investors own 44.75% of the company’s stock.
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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