Brokers Offer Predictions for SilverCrest Metals Inc.’s Q1 2024 Earnings (TSE:SIL)

SilverCrest Metals Inc. (TSE:SIL) – Equities researchers at Desjardins issued their Q1 2024 earnings estimates for shares of SilverCrest Metals in a research note issued on Tuesday, April 23rd. Desjardins analyst J. Egilo expects that the company will post earnings of $0.23 per share for the quarter. Desjardins has a “Hold” rating on the stock. The consensus estimate for SilverCrest Metals’ current full-year earnings is $0.56 per share.

SilverCrest Metals Stock Performance

Shares of TSE SIL opened at C$11.63 on Thursday. The company has a current ratio of 3.45, a quick ratio of 9.14 and a debt-to-equity ratio of 0.07. SilverCrest Metals has a 12 month low of C$5.54 and a 12 month high of C$11.81. The company has a 50 day simple moving average of C$8.83 and a two-hundred day simple moving average of C$8.15. The stock has a market cap of C$1.71 billion, a price-to-earnings ratio of 10.77 and a beta of 1.12.

SilverCrest Metals (TSE:SIL) last announced its quarterly earnings data on Monday, March 11th. The company reported C$0.33 EPS for the quarter, beating the consensus estimate of C$0.20 by C$0.13. SilverCrest Metals had a net margin of 47.62% and a return on equity of 34.36%. The business had revenue of C$83.49 million during the quarter.

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.