SilverCrest Metals (TSE:SIL) Trading 4.7% Higher

SilverCrest Metals Inc. (TSE:SIL) shares traded up 4.7% on Thursday . The stock traded as high as C$10.43 and last traded at C$10.27. 108,039 shares were traded during mid-day trading, a decline of 60% from the average session volume of 268,744 shares. The stock had previously closed at C$9.81.

Wall Street Analysts Forecast Growth

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

SilverCrest Metals Trading Up 4.5 %

The company has a quick ratio of 9.14, a current ratio of 3.45 and a debt-to-equity ratio of 0.07. The business’s fifty day moving average is C$8.44 and its 200 day moving average is C$7.97. The firm has a market capitalization of C$1.60 billion, a price-to-earnings ratio of 10.06 and a beta of 1.12.

SilverCrest Metals (TSE:SIL) last issued its quarterly earnings data on Monday, March 11th. The company reported C$0.33 EPS for the quarter, topping 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 for the quarter. Equities analysts predict that SilverCrest Metals Inc. will post 0.5574324 earnings per share 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.