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SilverCrest Metals Inc - SILV STOCK NEWS

Welcome to our dedicated news page for SilverCrest Metals (Ticker: SILV), a resource for investors and traders seeking the latest updates and insights on SilverCrest Metals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SilverCrest Metals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SilverCrest Metals's position in the market.

Rhea-AI Summary
SilverCrest Metals Inc. provides positive first-quarter operational results for 2024, with record gold and silver recoveries, exceeding sales plan. The company generated $63.6 million in revenue with an average realized price of $2,062/oz gold and $23.37/oz silver. The CEO highlighted strong operational performance, record silver equivalent process grades, and recoveries. The company's treasury assets reached $91.1 million, with a significant cash payment for 2023 taxes and duties. A conference call to discuss operational and financial results will be held on May 15, 2024.
Rhea-AI Impact
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End-of-Day
6.02%
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Rhea-AI Summary
SilverCrest Metals Inc. reports strong financial performance for Q4, 2023, and the year ended December 31, 2023, with significant increases in revenue, net earnings, and treasury assets. The company exceeded sales guidance, beat AISC guidance, and achieved impressive operating margins. Operational results from the Las Chispas operation in Mexico were robust, with notable increases in gold and silver production. The outlook for 2024 indicates stable production at low costs, despite industry pressures.
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Rhea-AI Sentiment
End-of-Day
9.52%
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Rhea-AI Summary
SilverCrest Metals Inc. delays filing of audited annual financial statements for the fiscal year ended December 31, 2023, due to audit process, rescheduled for March 11, 2024.
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-0.71%
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Rhea-AI Summary
SilverCrest Metals Inc. announces its 2024 guidance for Las Chispas Operation in Mexico, highlighting a successful 2023 with debt repayment and increased treasury assets. The company plans to ramp up underground mining, focus on exploration, and maintain cost guidance. Financially, cash costs, sustaining capital, and AISC are outlined, with details on tax payments and advances.
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Rhea-AI Summary
SilverCrest Metals Inc. exceeded its 2023 sales guidance, with a 29% increase in treasury assets in Q4, 2023. The company's operational results for the fourth quarter and full year of 2023 from the Las Chispas Operation in Sonora, Mexico are detailed. The company's financial results will be included in the audited consolidated financial statements for the year ended December 31, 2023, to be released on March 6, 2024. The Q4, 2023 operating results and sales, including recovered ounces of gold and silver, sold ounces, and average realized prices, are highlighted. The company's CEO commented on the operational achievements and financial strength. Additionally, the press release covers the underground mine contract negotiations, management updates, and a conference call to discuss the Q4, 2023 operational and financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.82%
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Rhea-AI Summary
SIL (SilverCrest Metals Inc.) announces strong Q3, 2023 operational and financial results, meeting 2023 sales and cost guidance. Revenue of $63.8 million, 59% operating margin, and net free cash flow of $33.4 million. Increased treasury assets by 38% to $81.7 million. Q3, 2023 Highlights: Recovered 15,700 oz of gold and 1.49 million oz of silver, generating revenue of $63.8 million with cash costs of $6.53 per oz AgEq sold and AISC of $12.23 per oz AgEq sold. Underground mining rates increased by 11% from Q2, 2023. Average daily mill throughput increased to 1,245 tpd. The Company remains debt-free with access to an undrawn revolving facility of $70.0 million.
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Rhea-AI Sentiment
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4.22%
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Rhea-AI Summary
SilverCrest Metals Inc. provides Q3 2023 operational results
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5.68%
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Rhea-AI Summary
SilverCrest Metals Inc. has filed an Updated Independent Technical Report for the Las Chispas Operation, supporting previous disclosure. No material differences were found.
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Rhea-AI Sentiment
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-0.22%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
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7.73%
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Rhea-AI Summary
SilverCrest Metals Inc. (SIL) announces strong Q2, 2023 financial results, with $62.0 million revenue, $38.3 million mine operating income, and $23.7 million net income. The company is debt-free and has $59.0 million in treasury assets, with a strong balance sheet. SilverCrest also provides guidance for the second half of 2023, expecting to sell 4.8 to 5.2 million silver equivalent ounces and maintain low cash costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.73%
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SilverCrest Metals Inc

NYSE:SILV

SILV Rankings

SILV Stock Data

1.06B
143.13M
3.03%
60.44%
8.63%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Vancouver

About SILV

silvercrest tsx.v: sil 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. the company is led by an experienced and proven management team in all aspects of the precious metal mining sector. management are pioneers in applying a responsible “phased approach” business model taking projects from discovery, finance, on time and on budget construction , and production with subsequent increased value to shareholders.