SilverCrest Metals Inc. (TSE:SIL – Get Free Report)’s stock price was down 1.1% on Monday . The company traded as low as C$11.12 and last traded at C$11.18. Approximately 303,700 shares were traded during trading, a decline of 4% from the average daily volume of 314,986 shares. The stock had previously closed at C$11.31.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on SIL shares. BMO Capital Markets downgraded SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 15th. Scotiabank cut SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 23rd.
View Our Latest Stock Report on SIL
SilverCrest Metals Trading Down 4.7 %
SilverCrest Metals (TSE:SIL – Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C$0.05 earnings per share for the quarter, missing the consensus estimate of C$0.24 by C($0.19). SilverCrest Metals had a return on equity of 26.79% and a net margin of 40.61%. The business had revenue of C$99.53 million for the quarter. On average, equities research analysts predict that SilverCrest Metals Inc. will post 0.8756841 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.
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