Recent Insider Transactions • Feb 13
Independent Chairman recently sold Mex$12m worth of stock On the 7th of February, John Wright sold around 50k shares on-market at roughly Mex$230 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$21m. John has been a net seller over the last 12 months, reducing personal holdings by Mex$19m. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to Mex$243, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Metals and Mining industry in South America. Total returns to shareholders of 154% over the past year. Ankündigung • Oct 11
SilverCrest Metals Inc. to Report Nine Months, 2024 Results on Nov 12, 2024 SilverCrest Metals Inc. announced that they will report nine months, 2024 results on Nov 12, 2024 Ankündigung • Jul 12
SilverCrest Metals Inc. to Report Q2, 2024 Results on Aug 07, 2024 SilverCrest Metals Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to Mex$171, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Metals and Mining industry in South America. Simply Wall St's valuation model estimates the intrinsic value at Mex$93.57 per share. Recent Insider Transactions • Jul 11
Director recently sold Mex$3.1m worth of stock On the 4th of July, Pierre Beaudoin sold around 20k shares on-market at roughly Mex$155 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$30m. Insiders have been net sellers, collectively disposing of Mex$224m more than they bought in the last 12 months. Recent Insider Transactions • Jun 23
Vice President of Exploration recently sold Mex$30m worth of stock On the 20th of June, Stephany Fier sold around 195k shares on-market at roughly Mex$155 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$111m. Insiders have been net sellers, collectively disposing of Mex$220m more than they bought in the last 12 months. Ankündigung • Apr 19
SilverCrest Metals Inc. to Report Q1, 2024 Results on May 14, 2024 SilverCrest Metals Inc. announced that they will report Q1, 2024 results After-Market on May 14, 2024 Recent Insider Transactions • Apr 07
Independent Director recently sold Mex$1.5m worth of stock On the 2nd of April, Ani Markova sold around 13k shares on-market at roughly Mex$112 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$12m. Insiders have been net sellers, collectively disposing of Mex$42m more than they bought in the last 12 months. Ankündigung • Mar 23
SilverCrest Metals Inc., Annual General Meeting, Jun 12, 2024 SilverCrest Metals Inc., Annual General Meeting, Jun 12, 2024. Recent Insider Transactions • Mar 18
Independent Director recently sold Mex$4.8m worth of stock On the 14th of March, Graham Thody sold around 45k shares on-market at roughly Mex$106 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$12m. Insiders have been net sellers, collectively disposing of Mex$41m more than they bought in the last 12 months. Reported Earnings • Mar 11
Full year 2023 earnings released: EPS: US$0.80 (vs US$0.21 in FY 2022) Full year 2023 results: EPS: US$0.80 (up from US$0.21 in FY 2022). Revenue: US$245.1m (up 463% from FY 2022). Net income: US$116.7m (up 273% from FY 2022). Profit margin: 48% (down from 72% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in South America are expected to grow by 1.7%. Ankündigung • Feb 22
SilverCrest Metals Inc. Provides Operation Guidance for the Year 2024 SilverCrest Metals Inc. provided Operation guidance for the year 2024. For the year, the company expects silver equivalent (“ageq”) sold 9.8 ounces million oz to 10.2 ounces million oz. Recent Insider Transactions • Feb 11
Director recently sold Mex$12m worth of stock On the 8th of February, Pierre Beaudoin sold around 125k shares on-market at roughly Mex$94.89 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$36m more than they bought in the last 12 months. New Risk • Jan 25
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 20% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (38% net profit margin). Significant insider selling over the past 3 months (Mex$25m sold). Board Change • Jan 25
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Anna Ladd-Kruger was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 24
Silvercrest Metals Inc. Announces Resignation of Pierre Beaudoin as Chief Operating Officer, Effective from January 31, 2024 and Pierre Beaudoin Joins Board of Directors, Effective from February 1, 2024 SilverCrest Metals Inc. announced that With Las Chispas built, the plant successfully ramped up, and the mine progressing as per plan, Mr. Pierre Beaudoin, Chief Operating Officer, will be retiring effective January 31, 2024. Mr. Beaudoin will rejoin the board of directors effective February 1, 2024, where he previously held a Director role from June 2018 to November 2018, when he subsequently took the executive role to support the advancement of Las Chispas to production. Mr. Cliff Lafleur, who joined SilverCrest in July 2021 as the Company's Vice President, Technical Services, has been appointed Vice President, Operations. Mr. Lafleur has more than 20 years experience with a particular focus on underground mining, including more than 10 years ramping-up and improving underground mines in Mexico, including; Torex's ELG Underground mine and Primero's (now First Majestic's) San Dimas mine. He has been instrumental in completing the Company's updated Technical Report, safely ramping up underground operations, and completing underground contract negotiations. Ankündigung • Oct 11
SilverCrest Metals Inc. to Report Q3, 2023 Results on Nov 08, 2023 SilverCrest Metals Inc. announced that they will report Q3, 2023 results on Nov 08, 2023 Ankündigung • Aug 02
SilverCrest Metals Inc. Announces Results of Updated Independent Technical Report for the Las Chispas Operation SilverCrest Metals Inc. announced the results from an Updated Independent Technical Report for the Las Chispas Operation ("Las Chispas" or the "Operation") in Sonora, Mexico prepared by Ausenco Engineering Canada Inc. ("Ausenco") with the assistance of several other independent engineering companies and consultants. The effective date of the Measured and Indicated ("M&I") Mineral Resource and Mineral Reserve Estimate is June 30, 2022. The financial model and Life of Mine ("LOM") production plan, factoring in the processed and depleted ore up to December 31, 2022, starts on January 1, 2023. Updated Technical Report Highlights Robust Production Profile with Strong NPV of $549.9M at Base Case - The Report has confirmed strong economics for an eight-year operation generating average annual production of 57 thousand ("k") ounces ("oz")/year Au and 5.5 million ("M") oz/year Ag (10.0 Moz/year AgEq) during the first seven full years. Using a 5% discount rate and average gold and silver prices of $1,800/oz and $23.00/oz respectively as the Base Case, Las Chispas generates a post-tax net present value ("NPV (5%)") of $549.9M. Strong Cash Flows, Debt Free, Healthy Balance Sheet - The Operation is estimated to generate average annual post-tax free cash flow of approximately $84.3M from 2023 to 2029 at the Base Case. SilverCrest has paid off 100% of its $90M debt since commercial production was announced in November 2022 and at the end of Q2, 2023 had accumulated a treasury assets1 balance of $59.0M. Report Details Supported by Current Operational Performance - The Report is based on actual operating data from the mine and process plant, including cost models supported by actual operating costs, completion of more than 16 kilometres ("km") of underground development (January 2021 to December 2022) and recovered metal of 17.8 koz Au and 1.74 Moz Ag (3.2 Moz AgEq) since process plant startup in early June 2022 until the end of 2022. Updated Mineral Reserve Estimate - The updated Proven and Probable Mineral Reserve Estimate of 78.6 Moz AgEq (3.4 Mt grading 4.08 gpt Au and 395 gpt Ag, or 719 gpt AgEq) is a 13% reduction in AgEg ounces from the 2021 FS. This reduction incorporates the updated gold to silver ratio, updated modelling for narrower and more widely dispersed veins than originally modelled, increase in cut-off grades due to increased industry costs, revised geotechnical standards, and mining method changes. Simplified Underground Production Plan - The updated production plan reaches slightly above 1,200 tonnes per day ("tpd") in 2026 and is largely supported by long-hole stoping (77%) with the balance being cut and fill (17%), and resue (6%). This approach significantly simplifies the mine plan through the reduction of working faces, equipment and labour, while also addressing safety and productivity issues. The use of this bulk mining method, when combined with narrower veins, has led to a reduction in LOM mined grade of approximately 18%. Metallurgical Recoveries Improved - The Report is based on actual achieved process plant metallurgical recoveries of an estimated 98.0% Au and 97.0% Ag, both improved from the recoveries of 97.6% Au and 94.3% Ag estimated in the 2021 FS. Higher Sustaining Capital Reflects Increased Costs and Expanded Mine Footprint - LOM sustaining capital of $219.9 Million has increased by 77.5% compared to the 2021 FS as development unit costs and the amount of infrastructure required increased due to the expanded mine footprint. Lowest Quartile2 AISC Remains - The Report estimates all-in sustaining costs3 ("AISC") to average $11.98/AgEq payable oz over the LOM, exclusive of corporate level G&A and sustaining exploration costs. For the period of H2, 2023 through 2024, the AISC is estimated to average approximately $13.50/AgEq payable oz which is the cost period in the LOM due to an accelerated spend in sustaining capital to support ramp-up of mine throughput. Immediate and Longer-Term Growth Opportunities - Immediate growth will be targeted through a $10M exploration program focused on targeting 40% of the updated Inferred Mineral Resource (1.3 Mt grading 566 gpt AgEq or 24.1 Moz AgEq) for conversion to M&I Mineral Resources for future Mineral Reserve consideration. The focus is on higher grade Mineral Reserve replacement targets proximal to current and planned infrastructure. Earlier stage exploration opportunities at Las Chispas will be pursued in parallel. Ankündigung • Jul 18
SilverCrest Metals Inc. to Report Q2, 2023 Results on Aug 09, 2023 SilverCrest Metals Inc. announced that they will report Q2, 2023 results After-Market on Aug 09, 2023 Ankündigung • Jun 17
SilverCrest Metals Inc. Announces Board Changes SilverCrest Metals Inc. announced effective June 15, 2023, Graham C. Thody has stepped down from Board Chair and will remain a Director. The Board has elected Director John H. Wright to the position of Board Chair. Recent Insider Transactions • Apr 17
Corporate Secretary recently sold Mex$675k worth of stock On the 13th of April, Bernard Poznanski sold around 5k shares on-market at roughly Mex$135 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$9.4m more than they bought in the last 12 months.