In the latest trading session, 2.05 million SilverCrest Metals Inc (AMEX:SILV) shares changed hands as the company’s beta touched 1.23. With the company’s most recent per share price at $11.46 changing hands around $0.33 or 2.96% at last look, the market valuation stands at $1.70B. SILV’s last price was a premium, traded about 1.66% off its 52-week high of $11.27. The share price had its 52-week low at $4.79, which suggests the last value was 58.2% up since then. When we look at SilverCrest Metals Inc’s average trading volume, we note the 10-day average is 3.12 million shares, with the 3-month average coming to 1.96 million.
Analysts gave the SilverCrest Metals Inc (SILV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended SILV as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. SilverCrest Metals Inc’s EPS for the current quarter is expected to be 0.13.
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SilverCrest Metals Inc (AMEX:SILV) trade information
Instantly SILV is in green as seen in intraday trades today. With action 12.80%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 74.96%, with the 5-day performance at 12.80% in the green. However, in the 30-day time frame, SilverCrest Metals Inc (AMEX:SILV) is 21.79% up. Looking at the short shares, we see there were 4.25 million shares sold at short interest cover period of 2.76 days.
The consensus price target for the stock as assigned by Wall Street analysts is 8.5, meaning bulls need a downside of -34.82% from its recent market value. According to analyst projections, SILV’s forecast low is 8.5 with 8.5 as the target high. To hit the forecast high, the stock’s price needs a 25.83% surge from its current level, while the stock would need to tank 25.83% for it to hit the projected low.
SilverCrest Metals Inc (SILV) estimates and forecasts
Data shows that the SilverCrest Metals Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 53.00% over the past 6 months, a -25.32% in annual growth rate that is considerably lower than the industry average of 15.70%. Year-over-year growth is forecast to reach 3.30% up from the last financial year.
The 2024 estimates are for SilverCrest Metals Inc earnings to decrease by -21.86%.
SILV Dividends
SilverCrest Metals Inc is expected to release its next quarterly earnings report on 2024-Nov-12.
SilverCrest Metals Inc (AMEX:SILV)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.14% of SilverCrest Metals Inc shares while 63.79% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 65.18%. There are 63.79% institutions holding the SilverCrest Metals Inc stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 8.8676% of the shares, roughly 13.03 million SILV shares worth $106.2 million.
SPROTT INC. holds the second largest percentage of outstanding shares, with 5.5293% or 8.13 million shares worth $66.36 million as of 2024-06-30.
