SilverCrest Metals Inc

SilverCrest Metals, Inc. engages in the exploration, acquisition, and development of mineral properties and precious metals. It focuses on new discoveries, value-added acquisitions, and targeting production in Mexico's historic precious metal districts. The firm's portfolio includes Las Chispas, Cruz de Mayo, and El Picacho. The company was founded on June 23, 2015 and is headquartered in Vancouver, Canada.

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SilverCrest Metals, Inc. engages in the exploration, acquisition, and development of mineral properties and precious metals. It focuses on new discoveries, value-added acquisitions, and targeting production in Mexico's historic precious metal districts. The firm's portfolio includes Las Chispas, Cruz de Mayo, and El Picacho. The company was founded on June 23, 2015, and is headquartered in Vancouver, Canada.

SilverCrest Metals Inc. has come under scrutiny due to a decrease in reserves and increased operating costs, unsettling investors. Despite these concerns, the company's Las Chispas mine remains a highly attractive asset with projected high profitability. SilverCrest's financial strength, including its robust profitability prospects and lack of debt, make it a compelling buy at its current valuation.

SilverCrest Metals: A Compelling Buy At Current Valuations

SilverCrest Metals Inc. (NYSE:SILV ) Q2 2023 Earnings Conference Call August 10, 2023 11:00 AM ET Company Participants Eric Fier - Chief Executive Officer Chris Ritchie - President Pierre Beaudoin - Chief Operating Officer Conference Call Participants Stephen Soock - Stifel John Sclodnick - Desjardins Operator Good morning, ladies and gentlemen and welcome to SilverCrest reports Second Quarter 2023 Results Conference Call. [Operator Instructions] This call is being recorded on Thursday, August 10, 2023.

SilverCrest Metals Inc. (SILV) Q2 2023 Earnings Call Transcript

SilverCrest Metals Inc. (SILV) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.06 per share a year ago.

SilverCrest Metals Inc. (SILV) Surpasses Q2 Earnings and Revenue Estimates

TSX: SIL | NYSE American: SILV VANCOUVER, BC , Aug. 9, 2023 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce that it has filed with and received acceptance from the Toronto Stock Exchange (the "TSX") for a Notice of Intention to make a Normal Course Issuer Bid ("NCIB") pursuant to TSX requirements permitting the Company to purchase up to 7,361,563 common shares of the Company ("Common Shares"), representing approximately 5% of SilverCrest's total issued and outstanding Common Shares. As of August 9, 2023 SilverCrest had 147,231,264 issued and outstanding Common Shares.

SilverCrest Announces Normal Course Issuer Bid

TSX: SIL | NYSE American: SILV VANCOUVER, BC , Aug. 9, 2023 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce its financial and Las Chispas operational results for the second quarter of 2023 ("Q2, 2023") and guidance for the second half of 2023 (H2, 2023). All amounts herein are presented in United States Dollars ("US$"), unless otherwise stated.

SilverCrest Reports Second Quarter 2023 Results and Guidance for H2, 2023

SilverCrest Metals Inc. saw operating costs increase substantially in the 2023 technical report compared to the 2021 feasibility study, even if this was expected and well-advertised. The company also announced a 13% decrease in reserves, which was less anticipated, and due to a combination of factors. However, Las Chispas remains the lowest quartile operation, with opportunities to extend the mine life over time.

SilverCrest Metals: Excessive Selloff After Release Of Updated Technical Report

TSX: SIL | NYSE American: SILV VANCOUVER, BC , July 27, 2023 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") announces that it will release results from its Updated Technical Report ("the Report") on Monday, July 31, 2023 after market close.

SilverCrest Provides Notice of Updated Technical Report Results

SilverCrest Metals, a low-cost silver producer in Mexico, recently increased production at their Las Chispas mine, reporting a net profit of $23 million in Q1 2023. The company's share price has risen from an initial $0.15 to $5.89, with an FD market cap of $905 million, and it is expected to acquire another company as silver prices rise. Despite potential risks such as location risk in Mexico and dependence on higher PM prices, SilverCrest is well-positioned for higher silver prices due to factors like high-grade and low costs.

SilverCrest Metals: A Low-Cost Silver Producer

TSX: SIL | NYSE American: SILV        VANCOUVER, BC , July 17, 2023 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") announces that it will release its financial and operating results for the second quarter of 2023 after market close on Wednesday, August 9, 2023. SilverCrest will hold a conference call and audio webcast to discuss the results on Thursday, August 10, 2023 at 11 a.m.

SilverCrest Provides Notice of Second Quarter Results and Conference Call

TSX: SIL | NYSE American: SILV VANCOUVER, BC , June 16, 2023 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM") held in Vancouver, BC, on June 15, 2023. A total of 89,558,591 votes were represented at the AGM amounting to 60.83% of the issued common shares as of the record date.

SilverCrest Reports Results of 2023 AGM and Provides Technical Report Update

Seeking Alpha analysts are bullish about SilverCrest Metals Inc. I am not (although I like the company). In my opinion, production figures reported by SilverCrest Metals in Q1 2023 were below expectations. What is more, using the figures published in the latest economic study for Las Chispas, it looks that Silvercrest shares are overvalued today.

SilverCrest: A Great Silver Miner But Overvalued At The Moment

SilverCrest delivered a great Q1-23, with an impressive net income of $27M during the quarter. Based on Q1-23, we are now looking at a silver equivalent production rate of 10Moz per year, with very competitive costs.

SilverCrest Delivered An Impressive Q1-23 Result

The Canada-based precious metals specialist unveiled its latest set of quarterly earnings. These showed notable jumps in several key metrics.

Why Investors Took a Serious Shine to SilverCrest Metals Stock Today

SilverCrest Metals Inc. (NYSE:SILV ) Q1 2023 Earnings Conference Call May 12, 2023 11:00 AM ET Company Participants Eric Fier - Chief Executive Officer and Director Chris Ritchie - President Pierre Beaudoin - Chief Operating Officer Conference Call Participants Stephen Soock - Stifel John Sclodnick - Desjardins Phil Ker - PI Financial John Tumazos - John Tumazos Very Independent Research Operator Good morning, ladies and gentlemen. And welcome to the SilverCrest Reports First Quarter 2023 Results Conference Call.

SilverCrest Metals Inc. (SILV) Q1 2023 Earnings Call Transcript

VANCOUVER, BC, May 11, 2023 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce its financial and Las Chispas Mine ("Las Chispas") operational results for the first quarter of 2023 ("Q1, 2023"). All amounts herein are presented in United States Dollars ("US$"), unless otherwise stated. Certain amounts shown in this news release may not total to exact amounts due to rounding differences.

SilverCrest Reports First Quarter 2023 Results

SilverCrest Metals Inc. explores and develops sites in Mexico containing precious metals. The outlook for precious metals depends on the dynamic between inflation and monetary policy in the wake of global economic instability brought on by inflation and rising interest rates.

SilverCrest Metals: Short-Term Headwinds Persist, But The Future Is Bright

SilverCrest's Mexican mine is up and running, projected to produce 10 million ounces of silver annually by 2024 over a decade in operation. Total company costs are projected in the $12-14 an ounce range, meaning price gains above the current $25 quote in silver will add considerable income and cash flow for shareholders.

SilverCrest Metals: Fair Leverage To Silver With Limited Risk

TSX: SIL | NYSE American: SILV VANCOUVER, BC , March 13, 2023 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to report the Company's audited financial results for the year ended December 31, 2022. The audited consolidated financial statements and management's discussion and analysis for 2022 are available under the Company's SEDAR profile on www.sedar.com, EDGAR profile on www.sec.gov, and on SilverCrest's website www.silvercrestmetals.com.

SilverCrest Reports 2022 Annual Financial Results

The mean of analysts' price targets for SilverCrest Metals Inc. (SILV) points to a 51.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe SilverCrest Metals Inc. (SILV) Could Rally 51.18%: Here's is How to Trade

VANCOUVER, BC, Jan. 31, 2023 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to provide fourth quarter operational results (Q4, 2022) and an update on activities at the Company's Las Chispas Mine ("Las Chispas" or the "Mine") located in Sonora, Mexico. All currency amounts herein are presented in United States Dollars, unless otherwise stated.

SilverCrest Reports Fourth Quarter 2022 Operational Results and Provides Las Chispas Mine Update

Investors are not buying the recent move in silver, still licking their wounds from the underperformance of miners over the last year. SilverCrest Metals is one of the top names in the sector, set to become one of the highest-grade, lowest-cost silver producers in the world.

SilverCrest: An Excellent Way To Play The Silver Bull Market

SilverCrest Metals Inc. (SILV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

SilverCrest Metals Inc. (SILV) Upgraded to Buy: Here's What You Should Know

TSX: SIL | NYSE American: SILV VANCOUVER, BC , Nov. 30, 2022 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is proud to release its inaugural Task Force for Climate Related Financial Disclosure ("TCFD") report and a corresponding Water Stewardship report based on conclusions from the TCFD report. SilverCrest is also pleased to announce the completion and final permanent connection of its 33 kilovolt ("KV") electrical powerline (the "Powerline") for the Company's Las Chispas Mine ("Las Chispas") located in Sonora, Mexico.

SilverCrest Announces Final Connection to Powerline; Release of Inaugural TCFD and Water Stewardship Reports

SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce that it has refinanced its US$120 million secured project financing facility, of which only US$90 million was drawn, with a new US$120 million senior secured credit facility (the "Credit Facility") through a syndicate of lenders comprised of The Bank of Nova Scotia (the "Administrative Agent") and Bank of Montreal.

SilverCrest Announces US$120 Million Debt Refinancing Package, Reduction of Overall Debt and Lower Cost of Capital

The consensus price target hints at a 60.2% upside potential for SilverCrest Metals Inc. (SILV). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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