SilverCrest Metals Inc’s (SILV) Stock: A 61.03% Annual Performance Rate

The stock of SilverCrest Metals Inc (SILV) has seen a -3.73% decrease in the past week, with a -16.58% drop in the past month, and a -2.02% decrease in the past quarter. The volatility ratio for the week is 6.54%, and the volatility levels for the past 30 days are at 5.39% for SILV. The simple moving average for the last 20 days is -8.08% for SILV’s stock, with a simple moving average of 16.95% for the last 200 days.

Is It Worth Investing in SilverCrest Metals Inc (AMEX: SILV) Right Now?

The price-to-earnings ratio for SilverCrest Metals Inc (AMEX: SILV) is 11.48x, which is above its average ratio. Moreover, the 36-month beta value for SILV is 1.28. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for SILV is 143.91M and currently, short sellers hold a 4.75% of that float. On August 14, 2024, SILV’s average trading volume was 1.57M shares.

SILV) stock’s latest price update

The stock of SilverCrest Metals Inc (AMEX: SILV) has increased by 4.30 when compared to last closing price of 7.91.Despite this, the company has seen a loss of -3.73% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-08 that SilverCrest Metals is a high-quality silver miner with a low-cost mine in Mexico, listed in Canada and the U.S. Q2 2024 results show record production, strong financials, debt-free status, and potential for acquisitions. Despite strong performance, lack of share buybacks raises questions about the attractiveness of the share price.

SILV Trading at -5.11% 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 -19.63% of loss for the given period.

Volatility was left at 5.39%, however, over the last 30 days, the volatility rate increased by 6.54%, as shares sank -18.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.51% lower at present.

During the last 5 trading sessions, SILV fell by -3.73%, which changed the moving average for the period of 200-days by +65.00% in comparison to the 20-day moving average, which settled at $8.88. In addition, SilverCrest Metals Inc saw 25.95% 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:

  • 0.5 for the present operating margin
  • 0.58 for the gross margin

The net margin for SilverCrest Metals Inc stands at 0.4. The total capital return value is set at 0.28. Equity return is now at value 26.79, with 24.32 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 722.03. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 469.14.

Currently, EBITDA for the company is 155.98 million with net debt to EBITDA at -0.61. When we switch over and look at the enterprise to sales, we see a ratio of 4.25. The receivables turnover for the company is 17.54for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.87.

Conclusion

To wrap up, the performance of SilverCrest Metals Inc (SILV) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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