B.Riley FBR Stick to Their Buy Rating for SilverCrest Metals By Investing.com

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B.Riley FBR Stick to Their Buy Rating for SilverCrest Metals

Published Aug 07, 2020 05:08AM ET

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B.Riley FBR analyst Adam Graf maintained a Buy rating on SilverCrest Metals (NYSE:SILV) on Thursday, setting a price target of $13.3, which is approximately 29.88% above the present share price of $10.24.

Graf expects SilverCrest Metals to post earnings per share (EPS) of -$0.15 for the third quarter of 2020.

The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in SilverCrest Metals, with an average price target of $10.45.
The analysts price targets range from a high of $13.3 to a low of $8.29.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $0 and a net profit of -$23.97 million. The company's market cap is $1.09 billion.

According to TipRanks.com, B.Riley FBR analyst Adam Graf is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.7% and a 74.07% success rate.

SilverCrest Metals, Inc. engages in the exploration, acquisition, and development of mineral properties and precious metals. It focuses on new discoveries, value-added acquisitions, and targeting production in Mexico's historic precious metal districts. Its portfolio includes Las Chispas, Cruz de Mayo, Angel de Plata, and Estacion Llano. The company was founded on June 23, 2015 and is headquartered in Vancouver, Canada.

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