SilverCrest Metals Inc [SILV] stock prices are up 3.76% to $7.17 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SILV shares have gain 7.66% over the last week, with a monthly amount glided 27.35%, and seem to be holding up well over a long-time horizon.
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On 11, March 2024, SilverCrest Reports Fourth Quarter and 2023 Annual Financial Results. In a post published today on Yahoo Finance, 2023 Sales and Corporate AISC Beat Guidance, Driving $54.4 million Increase in Treasury Assets.
From an analyst’s perspective:
SilverCrest Metals Inc [AMEX: SILV] stock has seen the most recent analyst activity on March 12, 2024, when Desjardins downgraded its rating to a Hold. On August 02, 2023, downgrade downgraded it’s rating to Sector Perform. Stifel downgraded its rating to a Hold. Scotiabank initiated its recommendation with a Sector Outperform and recommended $8 as its price target on March 28, 2023. In a note dated February 04, 2021, Stifel upgraded an Buy rating on this stock.
The stock price of SilverCrest Metals Inc [SILV] has been fluctuating between $4.16 and $7.56 over the past year. SilverCrest Metals Inc [AMEX: SILV] shares were valued at $7.17 at the most recent close of the market.
Analyzing the SILV fundamentals
The SilverCrest Metals Inc [AMEX:SILV] reported sales of 245.13M for trailing twelve months, representing a surge of 50.33%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.53%, Pretax Profit Margin comes in at 0.45%, and Net Profit Margin reading is 0.38%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.27 and Total Capital is 0.32. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.84 points at the first support level, and at 6.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.42, and for the 2nd resistance point, it is at 7.68.
SilverCrest Metals Inc [SILV] reported earnings per share of $0.25 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.1/share, meaning a difference of $0.15 and a surprise factor of 150.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.2 per share as compared to estimates of $0.15 per share, a difference of $0.05 representing a surprise of 33.30%.
Ratios To Look Out For
It’s worth pointing out that SilverCrest Metals Inc [AMEX:SILV]’s Current Ratio is 3.45. Further, the Quick Ratio stands at 2.49, while the Cash Ratio is 2.35. Considering the valuation of this stock, the price to sales ratio is 4.30, the price to book ratio is 2.62 and price to earnings (TTM) ratio is 9.17.
