SilverCrest Metals (CVE:SIL) PT Raised to C$7.25 at Desjardins

SilverCrest Metals (CVE:SIL) had its target price boosted by Desjardins from C$6.00 to C$7.25 in a research report report published on Wednesday morning, BayStreet.CA reports.

Separately, BMO Capital Markets boosted their target price on SilverCrest Metals from C$6.50 to C$7.00 in a research report on Thursday, May 16th.

CVE SIL opened at C$6.21 on Wednesday. The company has a market cap of $530.79 million and a P/E ratio of -62.73. The company has a current ratio of 14.56, a quick ratio of 14.38 and a debt-to-equity ratio of 0.77. The firm’s 50 day moving average is C$5.07. SilverCrest Metals has a fifty-two week low of C$2.60 and a fifty-two week high of C$6.72.

SilverCrest Metals (CVE:SIL) last released its earnings results on Thursday, May 9th. The company reported C($0.04) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.02) by C($0.02). On average, research analysts expect that SilverCrest Metals will post -0.05 EPS for the current fiscal year.

About SilverCrest Metals

SilverCrest Metals Inc acquires, explores for, and develops precious metal properties in Mexico. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 28 concessions totaling approximately 1,401 hectares located in Sonora, Mexico.

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