SilverCrest Metals Third Quarter 2023 Earnings: EPS: US$0.20 (vs US$0.17 in 3Q 2022)

SilverCrest Metals (TSE:SIL) Third Quarter 2023 Results

Key Financial Results

• Revenue: US$63.8m (up by US$61.1m from 3Q 2022).
• Net income: US$29.9m (up 19% from 3Q 2022).
• Profit margin: 47%.
• EPS: US$0.20 (up from US$0.17 in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

SilverCrest Metals Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 15% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 4.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for SilverCrest Metals (of which 1 doesn't sit too well with us!) you should know about.

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