SilverCrest Metals Inc. (SILV) Expected to Post Earnings of -$0.02 Per Share

Wall Street analysts forecast that SilverCrest Metals Inc. (NASDAQ:SILV) will report earnings of ($0.02) per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for SilverCrest Metals’ earnings. The business is expected to issue its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that SilverCrest Metals will report full year earnings of ($0.07) per share for the current year, with EPS estimates ranging from ($0.08) to ($0.06). For the next financial year, analysts anticipate that the business will post earnings of ($0.06) per share, with EPS estimates ranging from ($0.06) to ($0.05). Zacks’ earnings per share averages are an average based on a survey of research firms that follow SilverCrest Metals.

Several research firms have recently issued reports on SILV. National Bank Financial reissued an “outperform market weight” rating on shares of SilverCrest Metals in a research note on Sunday, September 16th. Zacks Investment Research raised SilverCrest Metals from a “sell” rating to a “hold” rating in a research note on Thursday, October 4th.

An institutional investor recently bought a new position in SilverCrest Metals stock. Ingalls & Snyder LLC purchased a new position in SilverCrest Metals Inc. (NASDAQ:SILV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 60,001 shares of the company’s stock, valued at approximately $146,000. Ingalls & Snyder LLC owned approximately 0.08% of SilverCrest Metals as of its most recent filing with the Securities & Exchange Commission.

Shares of SILV stock opened at $2.63 on Monday. SilverCrest Metals has a 1-year low of $0.84 and a 1-year high of $3.07.

SilverCrest Metals Company Profile

SilverCrest Metals Inc engages in the acquisition, exploration, and development of precious metal properties. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 27 concessions totaling approximately 1,389 hectares located in Sonora, Mexico.

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