Evaluating the Impact of 0.27 Increase on SilverCrest Metals Inc’s (SILV) Stock

The stock of SilverCrest Metals Inc (SILV) has seen a -5.46% decrease in the past week, with a 17.45% gain in the past month, and a 9.79% flourish in the past quarter. The volatility ratio for the week is 4.76%, and the volatility levels for the past 30 days are at 4.75% for SILV. The simple moving average for the past 20 days is 3.44% for SILV’s stock, with a 21.83% simple moving average for the past 200 days.

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

SilverCrest Metals Inc (AMEX: SILV) has a price-to-earnings ratio that is above its average at 12.87x. The stock has a 36-month beta value of 1.23. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for SILV is 145.20M, and at present, short sellers hold a 4.08% of that float. On October 02, 2024, the average trading volume of SILV was 1.54M shares.

SILV) stock’s latest price update

The stock of SilverCrest Metals Inc (AMEX: SILV) has increased by 0.27 when compared to last closing price of 9.23.Despite this, the company has seen a loss of -5.46% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-09 that SilverCrest boasts low mining costs, little debt, and a strong cash position, making it a high-margin, financially flexible investment in the precious metals sector. The recent stock price dip presents a buying opportunity, especially if silver and gold prices continue to rise, enhancing SilverCrest’s underlying worth. I rate SilverCrest a Buy under $7.50, with potential upside to $15-$20 in 2–3 years, leveraging its strong financials and a long-term monetary metals’ uptrend.

SILV Trading at 5.65% 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 -9.88% of loss for the given period.

Volatility was left at 4.75%, however, over the last 30 days, the volatility rate increased by 4.76%, as shares surge +22.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.48% lower at present.

During the last 5 trading sessions, SILV fell by -4.14%, which changed the moving average for the period of 200-days by +44.61% in comparison to the 20-day moving average, which settled at $9.03. In addition, SilverCrest Metals Inc saw 41.30% 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 225.1. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 493.86.

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 4.83. 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 sum up, SilverCrest Metals Inc (SILV) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.

Most Popular

Related Posts