SilverCrest Metals Inc (SILV) recent activity suggests a positive outlook with the last week’s performance of 5.73%

On Monday, SilverCrest Metals Inc (AMEX: SILV) opened higher 0.42% from the last session, before settling in for the closing price of $7.17. Price fluctuations for SILV have ranged from $4.16 to $7.56 over the past 52 weeks.

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Annual sales at Basic Materials sector company grew by 92.68% over the past five years. Company’s average yearly earnings per share was noted -46.05% at the time writing. With a float of $140.91 million, this company’s outstanding shares have now reached $146.94 million.

Let’s look at the performance matrix of the company that is accounted for 340 employees.

SilverCrest Metals Inc (SILV) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Other Precious Metals & Mining industry is another important factor to consider. The insider ownership of SilverCrest Metals Inc is 4.10%, while institutional ownership is 53.19%.

SilverCrest Metals Inc (SILV) Latest Financial update

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.25 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.1) by $0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -46.05% per share during the next fiscal year.

SilverCrest Metals Inc (AMEX: SILV) Trading Performance Indicators

Check out the current performance indicators for SilverCrest Metals Inc (SILV). In the past quarter, the stock posted a quick ratio of 2.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.32. Likewise, its price to free cash flow for the trailing twelve months is 9.98.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.78, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.41 in one year’s time.

Technical Analysis of SilverCrest Metals Inc (SILV)

SilverCrest Metals Inc (AMEX: SILV) saw its 5-day average volume 2.95 million, a positive change from its year-to-date volume of 1.41 million. As of the previous 9 days, the stock’s Stochastic %D was 76.05%. Additionally, its Average True Range was 0.31.

During the past 100 days, SilverCrest Metals Inc’s (SILV) raw stochastic average was set at 94.05%, which indicates a significant increase from 85.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.32% in the past 14 days, which was lower than the 47.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.88, while its 200-day Moving Average is $5.55. Nevertheless, the first resistance level for the watch stands at $7.35 in the near term. At $7.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.66. If the price goes on to break the first support level at $7.04, it is likely to go to the next support level at $6.88. The third support level lies at $6.73 if the price breaches the second support level.

SilverCrest Metals Inc (AMEX: SILV) Key Stats

There are currently 146,938K shares outstanding in the company with a market cap of 1.06 billion. Presently, the company’s annual sales total 245,130 K according to its annual income of 116,720 K. Last quarter, the company’s sales amounted to 61,320 K and its income totaled 35,920 K.