TSXV:SIL

Stock Analysis Report

SilverCrest Metals

Executive Summary

SilverCrest Metals Inc. acquires, explores for, and develops precious metal properties in Mexico.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Risks

  • SilverCrest Metals has significant price volatility in the past 3 months.

Share Price & News

How has SilverCrest Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.6%

TSXV:SIL

0.3%

CA Metals and Mining

-0.6%

CA Market


1 Year Return

137.3%

TSXV:SIL

20.3%

CA Metals and Mining

-4.9%

CA Market

SIL outperformed the Metals and Mining industry which returned 12.6% over the past year.

SIL outperformed the Market in Canada which returned -4.8% over the past year.


Share holder returns

SILIndustryMarket
7 Day-1.6%0.3%-0.6%
30 Day20.0%-0.6%-2.6%
90 Day70.5%24.9%-2.0%
1 Year137.3%137.3%21.3%20.3%-1.5%-4.9%
3 Year182.0%182.0%-10.6%-12.3%14.0%3.9%
5 Yearn/a-8.8%-12.1%12.3%-3.5%

Price Volatility Vs. Market

How volatile is SilverCrest Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SilverCrest Metals undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

SilverCrest Metals's share price is below the future cash flow value, and at a moderate discount (> 20%).

SilverCrest Metals's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

SilverCrest Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.

SilverCrest Metals is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for SilverCrest Metals, we can't assess if its growth is good value.


Price Based on Value of Assets

SilverCrest Metals is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is SilverCrest Metals expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

60.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if SilverCrest Metals is high growth as no revenue estimate data is available.

SilverCrest Metals's earnings are expected to grow significantly at over 20% yearly.

Unable to compare SilverCrest Metals's revenue growth to the Canada market average as no estimate data is available.

SilverCrest Metals's earnings growth is expected to exceed the Canada market average.

SilverCrest Metals's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if SilverCrest Metals will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.


Next Steps

Past Performance

How has SilverCrest Metals performed over the past 5 years?

-43.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

SilverCrest Metals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare SilverCrest Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare SilverCrest Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if SilverCrest Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if SilverCrest Metals has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if SilverCrest Metals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is SilverCrest Metals's financial position?


Financial Position Analysis

SilverCrest Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

SilverCrest Metals's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

SilverCrest Metals has no debt.

SilverCrest Metals has not taken on any debt in the past 5 years.


Balance Sheet

High level of physical assets or inventory.

SilverCrest Metals has no debt, it does not need to be covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

SilverCrest Metals has less than a year of cash runway based on current free cash flow.

SilverCrest Metals has less than a year of cash runway if free cash flow continues to grow at historical rates of 60.9% each year.


Next Steps

Dividend

What is SilverCrest Metals's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate SilverCrest Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate SilverCrest Metals's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as SilverCrest Metals has not reported any payouts.

Unable to verify if SilverCrest Metals's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as SilverCrest Metals has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of SilverCrest Metals's dividends in 3 years as they are not expected to pay a notable one for Canada.


Next Steps

Management

What is the CEO of SilverCrest Metals's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Nathan Fier (57yo)

4.2yrs

Tenure

CA$1,197,112

Compensation

Mr. Nathan Eric Fier, CPG, P.Eng. has been President & Senior Engineer with Maverick Mining Consultants Inc. since July 2001. Mr. Fier served as President at SilverCrest Metals Inc. from June 23, 2015 to J ...


CEO Compensation Analysis

Nathan's remuneration is about average for companies of similar size in Canada.

Nathan's compensation has increased whilst company is loss making.


Management Age and Tenure

2.1yrs

Average Tenure

66.5yo

Average Age

The tenure for the SilverCrest Metals management team is about average.


Board Age and Tenure

3.3yrs

Average Tenure

61.5yo

Average Age

The tenure for the SilverCrest Metals board of directors is about average.


Insider Trading

More shares have been bought than sold by SilverCrest Metals individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyCA$46,80019 Aug 19
Hannes Portmann
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares8,000
Max PriceCA$5.85
BuyCA$23,40019 Aug 19
Ani Markova
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,000
Max PriceCA$5.85
BuyCA$24,30424 May 19
Christopher Ritchie
EntityIndividual
Role
President
President
Shares5,500
Max PriceCA$4.42
SellCA$352,50022 Mar 19
Nicholas Campbell
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Business Development
Shares75,000
Max PriceCA$4.70
BuyCA$292,00015 Jan 19
Pierre Beaudoin
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares100,000
Max PriceCA$2.92
SellCA$5,26827 Dec 18
Bernard Poznanski
EntityIndividual
Role
Secretary
Corporate Secretary
Shares1,667
Max PriceCA$3.16
BuyCA$63,38622 Dec 18
John Wright
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares20,000
Max PriceCA$3.19
BuyCA$31,56022 Dec 18
Christopher Ritchie
EntityIndividual
Role
President
President
Shares10,000
Max PriceCA$3.16
BuyCA$9,53122 Dec 18
Nicholas Campbell
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Business Development
Shares3,000
Max PriceCA$3.18
BuyCA$55,26906 Dec 18
John Wright
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares17,000
Max PriceCA$3.26
BuyCA$24,76503 Dec 18
Hannes Portmann
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares7,800
Max PriceCA$3.18
BuyCA$32,13015 Nov 18
John Wright
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceCA$3.21
BuyCA$45,73325 Sep 18
Nathan Fier
EntityIndividual
Role
Chief Executive Officer
Founder
Shares14,000
Max PriceCA$3.30

Ownership Breakdown


Management Team

  • Bernard Poznanski (65yo)

    Corporate Secretary

    • Tenure: 0.0yrs
  • Barney Magnusson (68yo)

    Executive Vice President

    • Tenure: 2.6yrs
    • Compensation: CA$55.00k
  • John Scott Drever (75yo)

    Advisor to the Executives and Board of Directors

    • Tenure: 3.0yrs
  • Nathan Fier (57yo)

    Founder

    • Tenure: 4.2yrs
    • Compensation: CA$1.20m
  • Pierre Beaudoin

    Chief Operating Officer

    • Tenure: 0.8yrs
    • Compensation: CA$1.11m
  • Nick Campbell

    Executive Vice President of Business Development

    • Tenure: 0.6yrs
    • Compensation: CA$575.52k
  • Anne Yong

    Chief Financial Officer

    • Tenure: 2.6yrs
    • Compensation: CA$553.27k
  • Chris Ritchie

    President

    • Tenure: 1.6yrs
    • Compensation: CA$1.50m
  • Rosy Fier

    Vice President of Exploration & Technical Services

    • Tenure: 0.6yrs

Board Members

  • John Wright (66yo)

    Independent Director

    • Tenure: 2.6yrs
    • Compensation: CA$238.20k
  • Graham Thody (68yo)

    Chairman of the Board

    • Tenure: 4.0yrs
    • Compensation: CA$331.46k
  • Ross Glanville (72yo)

    Independent Director

    • Tenure: 4.0yrs
    • Compensation: CA$240.20k
  • Nathan Fier (57yo)

    Founder

    • Tenure: 4.2yrs
    • Compensation: CA$1.20m
  • Ani Markova (49yo)

    Independent Director

    • Tenure: 0.3yrs
  • Hannes Portmann (39yo)

    Independent Director

    • Tenure: 0.8yrs
    • Compensation: CA$300.07k

Company Information

SilverCrest Metals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SilverCrest Metals Inc.
  • Ticker: SIL
  • Exchange: TSXV
  • Founded: 2015
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$682.925m
  • Shares outstanding: 91.06m
  • Website: https://www.silvercrestmetals.com

Number of Employees


Location

  • SilverCrest Metals Inc.
  • 570 Granville Street
  • Suite 501
  • Vancouver
  • British Columbia
  • V6C 3P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SILTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2015
SILVAMEX (NYSE MKT LLC)YesCommon SharesUSUSDOct 2015
S0CDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2015

Biography

SilverCrest Metals Inc. acquires, explores for, and develops precious metal properties in Mexico. It primarily explores for silver and gold properties. The company’s principal property is the Las Chispas p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:56
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.