SilverCrest Metals Inc. (NYSEMKT:SILV) to Post Q1 2024 Earnings of $0.12 Per Share, Cormark Forecasts

SilverCrest Metals Inc. (NYSEMKT:SILV) – Equities research analysts at Cormark issued their Q1 2024 earnings estimates for shares of SilverCrest Metals in a note issued to investors on Monday, April 22nd. Cormark analyst N. Dion expects that the company will post earnings of $0.12 per share for the quarter. The consensus estimate for SilverCrest Metals’ current full-year earnings is $0.67 per share.

Separately, Scotiabank lifted their price target on shares of SilverCrest Metals from $7.00 to $7.50 and gave the company a “sector outperform” rating in a research note on Monday, April 8th.

SilverCrest Metals Stock Performance

Shares of NYSEMKT SILV opened at $7.84 on Tuesday. The firm has a market capitalization of $1.15 billion, a PE ratio of 10.05 and a beta of 1.32. The firm’s 50-day moving average price is $6.31 and its 200 day moving average price is $5.95.

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.