Wall Street brokerages expect SilverCrest Metals Inc. (NASDAQ:SILV) to announce earnings per share of ($0.02) for the current quarter, according to Zacks. Zero analysts have made estimates for SilverCrest Metals’ earnings. The highest EPS estimate is ($0.01) and the lowest is ($0.02). SilverCrest Metals also reported earnings per share of ($0.02) during the same quarter last year. The business is expected to issue its next quarterly earnings results on Thursday, August 1st.

On average, analysts expect that SilverCrest Metals will report full-year earnings of ($0.06) per share for the current financial year, with EPS estimates ranging from ($0.09) to ($0.03). For the next year, analysts expect that the business will report earnings of ($0.06) per share, with EPS estimates ranging from ($0.10) to ($0.03). Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover SilverCrest Metals.

A number of analysts have recently commented on SILV shares. Macquarie reissued a “buy” rating on shares of SilverCrest Metals in a research note on Tuesday, February 26th. Zacks Investment Research upgraded shares of SilverCrest Metals from a “sell” rating to a “buy” rating and set a $4.00 price objective for the company in a research report on Tuesday. Canaccord Genuity restated a “buy” rating on shares of SilverCrest Metals in a research report on Friday, April 26th. Finally, BMO Capital Markets initiated coverage on shares of SilverCrest Metals in a research report on Wednesday, February 13th. They set an “outperform” rating and a $3.63 price objective for the company. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $3.82.

Hedge funds have recently modified their holdings of the business. Arete Wealth Advisors LLC bought a new position in shares of SilverCrest Metals during the 4th quarter valued at approximately $30,000. Raymond James & Associates bought a new position in shares of SilverCrest Metals during the 4th quarter valued at approximately $39,000. Neuberger Berman Group LLC bought a new position in shares of SilverCrest Metals during the 3rd quarter valued at approximately $37,000. 9258 Wealth Management LLC bought a new position in shares of SilverCrest Metals during the 1st quarter valued at approximately $66,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of SilverCrest Metals during the 1st quarter valued at approximately $131,000.

Shares of SILV traded up $0.16 during midday trading on Friday, reaching $3.45. The stock had a trading volume of 800 shares, compared to its average volume of 73,510. SilverCrest Metals has a 52 week low of $1.76 and a 52 week high of $3.89.

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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