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Silvercrest Metals

silvercrestmetals.com

Stage

Corporate Minority - P2P | IPO

About Silvercrest Metals

SilverCrest Metals (NYSEMKT:SILV) is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts.

Headquarters Location

570 Granville Street Suite 501

Vancouver, British Columbia, V6C 3P1,

Canada

604-694-1730

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Latest Silvercrest Metals News

SilverCrest surges after strong Q1, debt reduction

May 12, 2023

Juan Jose Napuri/iStock via Getty Images SilverCrest Metals (NYSE: SILV ) +6.7% in Friday's trading after reporting better than expected Q1 GAAP earnings and a 42% Q/Q increase in revenues to $58M, aided by higher recovered grade. Q1 net income surged more than 5x to $27.2M, or $0.18/share, from $5.2M, or $0.03/share, in Q4 2022, in the company's ( SILV ) first full quarter of production since Las Chispas was declared commercial in November 2022. During Q1, Las Chispas throughput averaged 1,160 tons/day with an estimated 40% of processing plant feed sourced from stockpiles. SilverCrest ( SILV ) said it made an additional $20M debt prepayment in the quarter and has repaid 95% of its debt within six months of declaring commercial production. The company said it sold a total of 14.2K oz of gold and 1.36M oz silver at average realized prices of $1,879/oz for gold and $23/oz for silver. Processed grades increased from Q4, averaging 4.06 g/t gold and and 419 g/t silver. More on SilverCrest Metals:

Silvercrest Metals Frequently Asked Questions (FAQ)

  • Where is Silvercrest Metals's headquarters?

    Silvercrest Metals's headquarters is located at 570 Granville Street, Vancouver.

  • What is Silvercrest Metals's latest funding round?

    Silvercrest Metals's latest funding round is Corporate Minority - P2P.

  • Who are the investors of Silvercrest Metals?

    Investors of Silvercrest Metals include SSR Mining.

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