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

SilverCrest Metals Inc. (TSE:SIL) – Equities research analysts at Desjardins issued their Q1 2024 EPS estimates for SilverCrest Metals in a report issued on Tuesday, April 23rd. Desjardins analyst J. Egilo forecasts 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 Price Performance

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

SilverCrest Metals (TSE:SIL) last released its quarterly earnings data on Monday, March 11th. The company reported C$0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of C$83.49 million for 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.