There are many powerful catalysts in the market: SilverCrest Metals Inc. (SILV) can be one of them

The closing price of SilverCrest Metals Inc. (AMEX: SILV) was $6.22 for the day, up 2.81% from the previous closing price of $6.05. In other words, the price has increased by $+0.17 from its previous closing price. On the day, 1548376 shares were traded. SILV stock price reached its highest trading level at $6.25 during the session, while it also had its lowest trading level at $5.87.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".



Our analysis of SILV’s different ratios will help us gain a deeper understanding of the company.

Upgrades & Downgrades

Valuation Measures:

As of this moment, SilverCrest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.55, and their Forward P/E ratio for the next fiscal year is 8.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 336.63 while its Price-to-Book (P/B) ratio in mrq is 3.44.

Stock Price History:

Over the past 52 weeks, SILV has reached a high of $9.84, while it has fallen to a 52-week low of $4.58. The 50-Day Moving Average of the stock is 5.97, while the 200-Day Moving Average is calculated to be 6.08.

Shares Statistics:

SILV traded an average of 1.44M shares per day over the past three months and 1.24M shares per day over the past ten days. A total of 147.16M shares are outstanding, with a floating share count of 140.30M. Insiders hold about 3.08% of the company’s shares, while institutions hold 61.05% stake in the company. Shares short for SILV as of Jan 12, 2023 were 8.86M with a Short Ratio of 11.54M, compared to 5.48M on Dec 14, 2022.

Earnings Estimates

The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of $0.01, while EPS last year was -$0.06. The consensus estimate for the next quarter is $0.12, with high estimates of $0.12 and low estimates of $0.12.

Analysts are recommending an EPS of between $0.05 and $0.05 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.58, with 3 analysts recommending between $0.87 and $0.41.

Revenue Estimates

Based on 2 analysts’ estimates, the company’s revenue will be $174.28M in the next fiscal year. The high estimate is $187.34M and the low estimate is $161.22M. The average revenue growth estimate for next year is up 873.10% from the average revenue estimate for this year.