SilverCrest Metals (SIL) Set to Announce Earnings on Tuesday

SilverCrest Metals (TSE:SIL) is scheduled to release its earnings data before the market opens on Tuesday, November 12th. Analysts expect SilverCrest Metals to post earnings of C$0.24 per share for the quarter.

SilverCrest Metals (TSE:SIL) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C$0.05 EPS for the quarter, missing the consensus estimate of C$0.24 by C($0.19). SilverCrest Metals had a net margin of 40.61% and a return on equity of 26.79%. The business had revenue of C$99.53 million during the quarter.

SilverCrest Metals Price Performance

Shares of SIL stock opened at C$14.33 on Friday. SilverCrest Metals has a twelve month low of C$6.76 and a twelve month high of C$16.46. The stock has a market capitalization of C$2.13 billion, a price-to-earnings ratio of 14.62 and a beta of 1.18. The stock has a fifty day simple moving average of C$13.16 and a two-hundred day simple moving average of C$12.30. The company has a current ratio of 5.87, a quick ratio of 9.14 and a debt-to-equity ratio of 0.12.

Analysts Set New Price Targets

A number of equities research analysts have commented on SIL shares. BMO Capital Markets cut SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 15th. Ventum Cap Mkts cut SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 4th.

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.