SilverCrest Metals (TSE:SIL) Hits New 12-Month High at $10.65

SilverCrest Metals Inc. (TSE:SIL) reached a new 52-week high on Friday . The company traded as high as C$10.65 and last traded at C$10.62, with a volume of 73374 shares. The stock had previously closed at C$10.40.

Wall Street Analyst Weigh In

Separately, Desjardins downgraded shares of SilverCrest Metals from a “buy” rating to a “hold” rating in a report on Monday, March 11th.

SilverCrest Metals Stock Up 3.2 %

The firm has a 50-day simple moving average of C$8.37 and a 200 day simple moving average of C$7.94. The stock has a market capitalization of C$1.58 billion, a P/E ratio of 9.63 and a beta of 1.12. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.45 and a quick ratio of 9.14.

SilverCrest Metals (TSE:SIL) last issued 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 business had revenue of C$83.49 million during the quarter. On average, equities research analysts forecast that SilverCrest Metals Inc. will post 0.5574324 EPS for the current year.

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.