Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
SilverCrest Metals (TSE:SIL)
TSX:SIL
Holding TSE:SIL?
Track your performance easily
Earnings Data
Report Date
Mar 21, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.23Last Year’s EPS
0.35Same Quarter Last Year
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 13, 2020
|% Change Since: 2.51%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements such as record financial metrics, strong cash flow, and successful operational performance at Las Chispas. The announcement of the Coeur Mining transaction at a premium further added positive sentiment. However, there are some uncertainties regarding the integration and potential tax implications of the transaction. Nonetheless, the positive aspects significantly outweigh the minor concerns.Company Guidance
During the SilverCrest Metals Q3 2024 earnings call, the company provided robust guidance and highlighted several key metrics. They reported record revenue of $80.4 million and mine operating earnings of $47 million, achieving an exceptional operating margin of 59%. The company generated an impressive free cash flow of $36.2 million, marking a 49% increase from the previous quarter. SilverCrest exited the quarter debt-free with $158.2 million in treasury assets, including a 56% increase in bullion holdings to $37.4 million. The Las Chispas operation maintained a high underground mining rate of 1,350 tonnes per day, and the plant processed 1,324 tonnes per day with a recovery of 2.6 million ounces of silver equivalent. Cash costs were controlled at $8.85 per ounce, with all-in sustaining costs at $13.72 per ounce, both aligning favorably with their annual guidance. The company also advanced its ESG initiatives, including a Water Stewardship Plan and plans to integrate solar power by Q1 2025.Record Revenue and Mine Operating Earnings
Generated record revenue of $80.4 million and record mine operating earnings of $47 million with operational margins of 59%.
Strong Free Cash Flow and Balance Sheet
Free cash flow increased by 49% from Q2, totaling $36.2 million, contributing to a 29% increase in treasury assets, leaving the company debt-free with $160 million.
Bullion Holdings Increase
Bullion holdings grew by 56% to $37.4 million, benefiting from strong metal prices and strategic purchases.
Operational Success at Las Chispas
Underground mining rates increased to 1,350 tonnes per day, with the plant achieving high recoveries of 98.4%.
Cost Control and Efficiency
Cash cost per ounce was $8.85, and all-in sustaining costs were $13.72 per ounce, both below guidance expectations.
Safety Milestone
Achieved 500 days without lost time incidents, totaling 3 million hours worked safely.
Coeur Mining Transaction
Announced a transaction with Coeur Mining representing an 18% premium, which is expected to provide additional value to shareholders.
---
TSE:SIL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TSE:SIL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | C$13.92 | C$13.39 | -3.81% |
| Aug 07, 2024 | C$11.18 | C$10.56 | -5.55% |
| May 14, 2024 | C$11.77 | C$12.46 | +5.86% |
| Mar 11, 2024 | C$7.47 | C$8.23 | +10.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does SilverCrest Metals (TSE:SIL) report earnings?
SilverCrest Metals (TSE:SIL) is schdueled to report earning on Mar 21, 2025, TBA Not Confirmed.
What is SilverCrest Metals (TSE:SIL) earnings time?
SilverCrest Metals (TSE:SIL) earnings time is at Mar 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:SIL EPS forecast?
TSE:SIL EPS forecast for the fiscal quarter 2024 (Q4) is 0.23.
---