SilverCrest Metals (TSE:SIL) Reaches New 1-Year High – Time to Buy?

SilverCrest Metals Inc. (TSE:SIL)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$16.84 and last traded at C$16.84, with a volume of 177932 shares. The stock had previously closed at C$15.94.

SilverCrest Metals Stock Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 9.14 and a current ratio of 5.87. The company has a market cap of C$2.48 billion, a P/E ratio of 17.01 and a beta of 1.18. The firm has a 50 day moving average price of C$14.49 and a 200-day moving average price of C$13.51.

SilverCrest Metals (TSE:SIL) last announced its earnings results on Tuesday, November 12th. The company reported C$0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.24. SilverCrest Metals had a return on equity of 26.79% and a net margin of 40.61%. During the same quarter in the previous year, the company earned $0.27 earnings per share. On average, research analysts predict that SilverCrest Metals Inc. will post 0.9510067 EPS for the current year.

SilverCrest Metals Company Profile

SilverCrest is a Canadian precious metals producer headquartered in Vancouver, BC, with an ongoing initiative to increase its asset base by expanding current resources and reserves, acquiring, discovering and developing high value precious metals projects and ultimately operating multiple silver-gold mines in the Americas.