SilverCrest Metals Inc. (AMEX:SILV) currently has a daily average trading volume of 1.42M but it saw 1463581 shares traded on Thursday. With a market cap of 882.94M USD, stock’s current market price of $6.00 came falling about -2.76 while comparing to the previous closing price of $6.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.84 and as low as $4.58. In the recent trading on the day, stock has struck highest price mark of $6.25 while lowest mark touched by it was $5.94.
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Taking a look at 20-day trading activity of SilverCrest Metals Inc. (SILV) gives us an average price of $5.55, while its current price level is -39.02% below from 52-week high level whereas it is 31.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.97 while that of 200 days or SMA-200 reads an average of $6.07. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.42% during that period while stretching the period over a month that decreases to 4.32%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.47 which implies that the stock is in neutral territory.
Over the week, SILV’s stock price is moving 13.42% up while it is 8.11% when we observe its performance for the past one month.
The latest quarterly earnings report issued by the company was for quarter ended 9/29/2022, when its quarterly earnings per share (EPS) of $0.17 beat the consensus estimate of -$0.04 for the same. For SILV, analysts are forecasting an EPS-growth rate of 131.20% for current year and estimate for EPS growth in next year is 1,060.00%. In next quarter, company is expected to be making quarterly sales of $40.3 million as analysts are expecting the sales for current fiscal year at $17.91 million and seeing the company making $174.28 million in sales next year. Moreover, analysts are in estimates of $14.93 million for current-quarter revenue.
Currently, SilverCrest Metals Inc.’s total number of outstanding shares is 147.16M with 3.08% of that held by the insiders while 58.71% of its common stock has been owned by the institutions. It has a price to earnings ratio (P/E ratio) of 54.55 while having a 8.33 of forward P/E ratio. Stock has a price to book (P/B) ratio of 3.32 while price to sale or P/S ratio amounts to 324.73.
A filing at the U.S. Securities and Exchange Commission revealed that VanEck Gold Miners ETF came shrinking its share ownership by 0.28% in the SilverCrest Metals Inc. (SILV) increasing its stake to 5.22% with control over 21022.0 shares in the company. As per SEC documents, VanEck Gold Miners ETF sought 7,648,863 of company’s common stock of worth $41.84 million as per recent closing price of the stock. VanEck Gold Miners ETF is not the only institutional holder which restructured its stake in SilverCrest Metals Inc., as VanEck Junior Gold Miners ETF picked 6,248,524 shares of worth $34.18 million to bring its holdings to a total of 59400.0 shares.
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