Navigating the Volatility of SilverCrest Metals Inc’s (SILV) Stock

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In the past week, SILV stock has gone up by 4.51%, with a monthly gain of 4.94% and a quarterly surge of 3.87%. The volatility ratio for the week is 3.31%, and the volatility levels for the last 30 days are 4.33% for SilverCrest Metals Inc The simple moving average for the past 20 days is 5.37% for SILV’s stock, with a 31.43% 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 higher price-to-earnings ratio of 14.19x compared to its average ratio. SILV has 36-month beta value of 1.23. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for SILV is 145.30M, and currently, short sellers hold a 2.93% ratio of that float. The average trading volume of SILV on October 15, 2024 was 1.88M shares.

SILV) stock’s latest price update

The stock of SilverCrest Metals Inc (AMEX: SILV) has increased by 0.39 when compared to last closing price of 10.16.Despite this, the company has seen a gain of 4.51% in its stock price over the last five trading days. prnewswire.com reported 2024-10-10 that Record Revenue, Positioned to Meet or Exceed 2024 Sales Guidance TSX: SIL | NYSE American: SILV VANCOUVER, BC, Oct. 10, 2024 /PRNewswire/ – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to provide interim operational results for the third quarter of 2024 (“Q3 2024”) from the Company’s Las Chispas Operation located in Sonora, Mexico. All amounts are expressed in U.S. dollars, unless otherwise noted.

SILV Trading at 14.54% 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 -3.59% of loss for the given period.

Volatility was left at 4.33%, however, over the last 30 days, the volatility rate increased by 3.31%, as shares surge +6.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.86% upper at present.

During the last 5 trading sessions, SILV rose by +3.89%, which changed the moving average for the period of 200-days by +53.17% in comparison to the 20-day moving average, which settled at $9.68. In addition, SilverCrest Metals Inc saw 55.73% 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 5.4. 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 put it simply, SilverCrest Metals Inc (SILV) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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