Analysts Expect SilverCrest Metals Inc. (NASDAQ:SILV) Will Announce Earnings of -$0.02 Per Share

Equities research analysts predict that SilverCrest Metals Inc. (NASDAQ:SILV) will announce ($0.02) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for SilverCrest Metals’ earnings. SilverCrest Metals also reported earnings per share of ($0.02) during the same quarter last year. The firm is scheduled to report its next quarterly earnings results on Wednesday, March 11th.

On average, analysts expect that SilverCrest Metals will report full-year earnings of ($0.07) per share for the current financial year, with EPS estimates ranging from ($0.09) to ($0.05). For the next financial year, analysts forecast that the business will post earnings of ($0.04) per share, with EPS estimates ranging from ($0.05) to ($0.04). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that that provide coverage for SilverCrest Metals.

SILV has been the topic of several recent research reports. B. Riley raised their price target on SilverCrest Metals from $7.80 to $8.85 and gave the stock a “neutral” rating in a research report on Thursday, February 20th. Zacks Investment Research upgraded SilverCrest Metals from a “hold” rating to a “buy” rating and set a $6.75 price target on the stock in a research report on Wednesday, January 15th. BidaskClub upgraded SilverCrest Metals from a “hold” rating to a “buy” rating in a research report on Wednesday. Beacon Securities restated a “buy” rating on shares of SilverCrest Metals in a research report on Tuesday, January 28th. Finally, Roth Capital raised their price target on SilverCrest Metals from to in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. SilverCrest Metals has an average rating of “Buy” and a consensus target price of $8.53.

SILV traded down $0.25 during mid-day trading on Friday, reaching $7.39. The stock had a trading volume of 773,500 shares, compared to its average volume of 620,911. The firm’s fifty day simple moving average is $6.69 and its two-hundred day simple moving average is $6.10. SilverCrest Metals has a 52 week low of $2.96 and a 52 week high of $8.30.

Several large investors have recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. acquired a new stake in SilverCrest Metals during the 2nd quarter worth $32,000. PNC Financial Services Group Inc. raised its stake in SilverCrest Metals by 66.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,000 shares of the company’s stock worth $34,000 after buying an additional 2,000 shares during the period. Great West Life Assurance Co. Can acquired a new stake in SilverCrest Metals during the 4th quarter worth $37,000. Creative Planning raised its stake in SilverCrest Metals by 21.0% during the 3rd quarter. Creative Planning now owns 13,835 shares of the company’s stock worth $72,000 after buying an additional 2,400 shares during the period. Finally, Citigroup Inc. raised its stake in SilverCrest Metals by 219.7% during the 4th quarter. Citigroup Inc. now owns 11,190 shares of the company’s stock worth $76,000 after buying an additional 7,690 shares during the period.

About SilverCrest Metals

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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Earnings History and Estimates for SilverCrest Metals (NASDAQ:SILV)

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