SilverCrest Metals Reports Strong Mid-Year Growth
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SilverCrest Metals Reports Strong Mid-Year Growth

SilverCrest Metals (TSE:SIL) has released an update.

SilverCrest Metals Inc. has reported a solid financial performance for the first half of 2024, with total assets increasing to $498,013 thousand from $460,174 thousand at the end of 2023. The company has successfully grown its net earnings to $6,494 thousand for the three months ending June 30, 2024, and achieved a significant boost in revenue, reaching $136,387 thousand for the six months compared to the previous year’s $119,982 thousand. These figures reflect a strong operational period for SilverCrest, with a notable improvement in mine operating earnings and substantial earnings before income taxes.

For further insights into TSE:SIL stock, check out TipRanks’ Stock Analysis page.

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