SilverCrest Metals (TSE:SIL) Hits New 52-Week High at $11.44

SilverCrest Metals Inc. (TSE:SIL)’s stock price reached a new 52-week high on Thursday . The company traded as high as C$11.44 and last traded at C$11.17, with a volume of 100150 shares changing hands. The stock had previously closed at C$11.20.

Wall Street Analyst Weigh In

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

SilverCrest Metals Stock Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 9.14 and a current ratio of 3.45. The stock has a market cap of C$1.71 billion, a PE ratio of 10.77 and a beta of 1.12. The firm has a fifty day moving average price of C$8.83 and a 200 day moving average price of C$8.15.

SilverCrest Metals (TSE:SIL) last announced its earnings results on Monday, March 11th. The company reported C$0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.20 by C$0.13. The company had revenue of C$83.49 million for the quarter. SilverCrest Metals had a return on equity of 34.36% and a net margin of 47.62%. Research analysts forecast that SilverCrest Metals Inc. will post 0.5574324 earnings per share for the current fiscal 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.