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

Analysts forecast that SilverCrest Metals Inc. (NASDAQ:SILV) will post earnings per share (EPS) of ($0.02) for the current quarter, Zacks reports. Zero analysts have made estimates for SilverCrest Metals’ earnings. The company is scheduled to announce its next quarterly earnings report on Monday, January 1st.

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 ($0.08) to ($0.06). For the next financial year, analysts forecast that the business will report earnings of ($0.06) per share, with EPS estimates ranging from ($0.06) to ($0.05). Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow SilverCrest Metals.

SILV has been the subject of a number of research analyst reports. National Bank Financial reissued an “outperform market weight” rating on shares of SilverCrest Metals in a report on Sunday, September 16th. Zacks Investment Research cut SilverCrest Metals from a “hold” rating to a “sell” rating in a report on Thursday, September 27th.

An institutional investor recently bought a new position in SilverCrest Metals stock. Ingalls & Snyder LLC bought a new position in SilverCrest Metals Inc. (NASDAQ:SILV) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 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 SEC filing.

SilverCrest Metals stock opened at $2.75 on Monday. SilverCrest Metals has a 52 week low of $0.84 and a 52 week 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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