SilverCrest Metals (TSE:SIL) Sets New 1-Year High – Here’s Why

SilverCrest Metals Inc. (TSE:SIL)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$16.71 and last traded at C$16.71, with a volume of 61646 shares. The stock had previously closed at C$15.85.

SilverCrest Metals Trading Down 0.4 %

The company has a market capitalization of C$2.35 billion, a PE ratio of 16.15 and a beta of 1.18. The company has a debt-to-equity ratio of 0.12, a quick ratio of 9.14 and a current ratio of 5.87. The business has a fifty day moving average price of C$14.40 and a 200 day moving average price of C$13.44.

SilverCrest Metals (TSE:SIL) last issued its quarterly earnings data on Tuesday, November 12th. The company reported C$0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.24. SilverCrest Metals had a net margin of 40.61% and a return on equity of 26.79%. During the same period in the prior year, the business earned $0.27 earnings per share. Analysts expect that SilverCrest Metals Inc. will post 0.9510067 EPS for the current fiscal year.

About SilverCrest Metals

SilverCrest is a Canadian precious metals producer headquartered in Vancouver, BC, with an ongoing initiative to increase its asset base by expanding current resources and reserves, acquiring, discovering and developing high value precious metals projects and ultimately operating multiple silver-gold mines in the Americas.