SilverCrest Metals Inc (SILV) Stock: Analyzing the Market Value

SilverCrest Metals Inc (AMEX: SILV) has a higher price-to-earnings ratio of 8.65x compared to its average ratio, The 36-month beta value for SILV is at 1.30. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for SILV is 140.92M, and currently, shorts hold a 8.95% of that float. The average trading volume for SILV on April 02, 2024 was 1.29M shares.

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SILV) stock’s latest price update

The stock of SilverCrest Metals Inc (AMEX: SILV) has decreased by -0.66 when compared to last closing price of 6.81.Despite this, the company has seen a gain of 2.34% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-26 that SilverCrest Metals Inc. has seen a 19% increase in its stock price since November 2023, outperforming major indexes and silver miners. The company’s Las Chispas Mine in Mexico is projected to produce 57,000 ounces of gold and 5.5 million ounces of silver annually at low costs. SilverCrest reported exceptional Q4 performance, with increased sales, higher earnings, and a debt-free status, making it an attractive investment opportunity.

SILV’s Market Performance

SILV’s stock has risen by 2.34% in the past week, with a monthly rise of 29.60% and a quarterly rise of 3.28%. The volatility ratio for the week is 3.42% while the volatility levels for the last 30 days are 5.11% for SilverCrest Metals Inc The simple moving average for the last 20 days is 7.71% for SILV’s stock, with a simple moving average of 22.49% for the last 200 days.

SILV Trading at 17.46% from the 50-Day Moving Average

After a stumble in the market that brought SILV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.52% of loss for the given period.

Volatility was left at 5.11%, however, over the last 30 days, the volatility rate increased by 3.42%, as shares surge +26.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.31% upper at present.

During the last 5 trading sessions, SILV rose by +2.72%, which changed the moving average for the period of 200-days by +11.86% in comparison to the 20-day moving average, which settled at $6.35. In addition, SilverCrest Metals Inc saw 3.28% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SILV

Current profitability levels for the company are sitting at:

  • 0.53 for the present operating margin
  • 0.61 for the gross margin

The net margin for SilverCrest Metals Inc stands at 0.38. The total capital return value is set at 0.32. Equity return is now at value 34.36, with 28.62 for asset returns.

Based on SilverCrest Metals Inc (SILV), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 475.5. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 22.93.

Currently, EBITDA for the company is 14.75 million with net debt to EBITDA at -0.51. When we switch over and look at the enterprise to sales, we see a ratio of 4.06. The receivables turnover for the company is 13.56for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.45.

Conclusion

In conclusion, SilverCrest Metals Inc (SILV) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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