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

SilverCrest Metals Inc. (TSE:SIL) shares hit 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 changing hands. The stock had previously closed at C$15.85.

SilverCrest Metals Stock Performance

The company has a quick ratio of 9.14, a current ratio of 5.87 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of C$2.44 billion, a P/E ratio of 16.74 and a beta of 1.18. The firm has a 50-day moving average of C$14.33 and a 200 day moving average of C$13.39.

SilverCrest Metals (TSE:SIL) last posted its quarterly earnings data on Tuesday, November 12th. The company reported C$0.24 EPS for the quarter, hitting analysts’ consensus estimates of C$0.24. SilverCrest Metals had a return on equity of 26.79% and a net margin of 40.61%. During the same period last year, the company earned $0.27 EPS. Research analysts anticipate that SilverCrest Metals Inc. will post 0.9510067 EPS for the current fiscal year.

SilverCrest Metals Company Profile

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.