SilverCrest Metals Inc (SILV) is 26.63% away from 50-day simple Moving Average despite all headwinds

On Tuesday, SilverCrest Metals Inc (AMEX: SILV) opened higher 2.64% from the last session, before settling in for the closing price of $11.35. Price fluctuations for SILV have ranged from $4.79 to $11.91 over the past 52 weeks.

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A company in the Basic Materials sector has jumped its sales by 92.68% annually for the last half of the decade. Company’s average yearly earnings per share was noted -21.86% at the time writing. With a float of $145.30 million, this company’s outstanding shares have now reached $146.94 million.

In an organization with 340 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 58.3%, operating margin of 49.78%, and the pretax margin is 50.5%.

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 2.26%, while institutional ownership is 56.81%.

SilverCrest Metals Inc (SILV) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -21.86% 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 4.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.62. Likewise, its price to free cash flow for the trailing twelve months is 35.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.72, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.64 in one year’s time.

Technical Analysis of SilverCrest Metals Inc (SILV)

Let’s dig in a bit further. During the last 5-days, its volume was 3.51 million. That was better than the volume of 1.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.39%. Additionally, its Average True Range was 0.48.

During the past 100 days, SilverCrest Metals Inc’s (SILV) raw stochastic average was set at 94.33%, which indicates a significant increase from 91.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.60% in the past 14 days, which was lower than the 53.68% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.20, while its 200-day Moving Average is $7.87. However, in the short run, SilverCrest Metals Inc’s stock first resistance to watch stands at $11.81. Second resistance stands at $11.98. The third major resistance level sits at $12.17. If the price goes on to break the first support level at $11.45, it is likely to go to the next support level at $11.26. The third support level lies at $11.09 if the price breaches the second support level.

SilverCrest Metals Inc (AMEX: SILV) Key Stats

There are currently 148,528K shares outstanding in the company with a market cap of 1.73 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 72,740 K and its income totaled 6,490 K.