SilverCrest Metals Inc (AMEX: SILV) is 11.98% higher on its value in year-to-date trading and has touched a low of $4.83 and a high of $11.91 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SILV stock was last observed hovering at around $10.04 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $10.19, the stock is 3.66% and 2.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing 1.49% at the moment leaves the stock 10.55% off its SMA200. SILV registered 81.32% gain for a year compared to 6-month gain of 11.49%. The firm has a 50-day simple moving average (SMA 50) of $9.9686 and a 200-day simple moving average (SMA200) of $9.20355.
The stock witnessed a 8.52% loss in the last 1 month and extending the period to 3 months gives it a -5.91%, and is 0.49% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.99% over the week and 4.50% over the month.
SilverCrest Metals Inc (SILV) has around 340 employees, a market worth around $1.52B and $278.08M in sales. Current P/E ratio is 17.57 and Fwd P/E is 15.99. Profit margin for the company is 30.85%. Distance from 52-week low is 110.97% and -14.42% from its 52-week high. The company has generated returns on investments over the last 12 months (18.45%).
The EPS is expected to shrink by -13.85% this year, but quarterly earnings will post 17.66% year-over-year.
264.0 institutions hold shares in SilverCrest Metals Inc (SILV), with institutional investors hold 58.73% of the company’s shares. The shares outstanding are 148.66M, and float is at 145.74M with Short Float at 1.87%. Institutions hold 57.38% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 13.03 million shares valued at $106.2 million. The investor’s holdings represent 8.8676 of the SILV Shares outstanding. As of 2024-06-30, the second largest holder is SPROTT INC. with 8.13 million shares valued at $66.36 million to account for 5.5293 of the shares outstanding. The other top investors are TOROSO INVESTMENTS, LLC which holds 4.81 million shares representing 3.2753 and valued at over $39.23 million, while GILDER GAGNON HOWE & CO LLC holds 3.1096 of the shares totaling 4.57 million with a market value of $37.24 million.
