Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

SilverCrest Metals Inc. (T:SIL)

Business Focus: Non-Gold Precious Metals & Minerals (NEC)

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals
Company Contact
Address: Suite 501, 570 Granville Street
Tel: 1-604-6941730
IR: See website
Key People
Christopher Ritchie
N. Eric Fier
Chief Executive Officer, Director
Anne Yong
Chief Financial Officer
Pierre Beaudoin
Chief Operating Officer
Sean Deissner
Vice President - Financial Reporting, Controller
Stephany Fier
Vice President - Exploration
Tara Hassan
Vice President - Corporate Development
Clifford Lafleur
Vice President - Technical Services
Bernard G. Poznanski
Corporate Secretary
Business Overview
SilverCrest Metals Inc. is a Canada-based precious metals producer. The Company is engaged in acquiring, discovering, and developing high-value precious metals projects and operating multiple silver-gold mines in the Americas. The Company's principal focus is its Las Chispas Operation in Sonora, Mexico. The Las Chispas Operation is located about 180 kilometers (km) northeast of Hermosillo, Sonora, Mexico. The property consists of about 28 concessions totaling 1400.96 hectares (ha). Its El Picacho Property is located about 85 km northeast of the Company's Las Chispas Project and is comprised of 11 mining concessions totaling approximately 7,060 ha. Its Cruz de Mayo property is located in the State of Sonora, Mexico, about 22 km northwest of the town of Cumpas and 163 km northeast of Hermosillo. The Cruz de Mayo Property consists of two mineral concessions, Cruz de Mayo 2 and El Gueriguito. Its other projects include the Silver Angel Property and the Estacion Llano Property.
Financial Overview
For the nine months ended 30 September 2023, SilverCrest Metals Inc revenues increased from $2.7M to $183.8M. Net income increased from $26.1M to $80.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Foreign exchange (loss) gain decrease from $32.4M (income) to $7.9M (expense).
Employees: 25 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $990.12M as of Sep 30, 2023
Annual revenue (TTM): $302.78M as of Sep 30, 2023
EBITDA (TTM): $188.94M as of Sep 30, 2023
Net annual income (TTM): $115.98M as of Sep 30, 2023
Free cash flow (TTM): $122.36M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 145,808,364 as of Nov 8, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization