Silvercrest Metals Stock Revenue
| SILV Stock | USD 7.98 0.47 5.56% |
SilverCrest Metals fundamentals help investors to digest information that contributes to SilverCrest Metals' financial success or failures. It also enables traders to predict the movement of SilverCrest Stock. The fundamental analysis module provides a way to measure SilverCrest Metals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SilverCrest Metals stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 249.6 M | 262.1 M |
SilverCrest | Revenue |
SilverCrest Metals Company Revenue Analysis
SilverCrest Metals' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current SilverCrest Metals Revenue | 249.63 M |
Most of SilverCrest Metals' fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SilverCrest Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of SilverCrest
Projected quarterly revenue analysis of SilverCrest Metals provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of SilverCrest Metals match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in SilverCrest Metals' stock price.
SilverCrest Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for SilverCrest Metals is extremely important. It helps to project a fair market value of SilverCrest Stock properly, considering its historical fundamentals such as Revenue. Since SilverCrest Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SilverCrest Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SilverCrest Metals' interrelated accounts and indicators.
Click cells to compare fundamentals
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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SilverCrest Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, SilverCrest Metals reported 249.63 M of revenue. This is 96.82% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The revenue for all United States stocks is 97.35% higher than that of the company.
SilverCrest Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SilverCrest Metals' direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SilverCrest Metals could also be used in its relative valuation, which is a method of valuing SilverCrest Metals by comparing valuation metrics of similar companies.SilverCrest Metals is currently regarded number one company in revenue category among its peers.
SilverCrest Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of SilverCrest Metals from analyzing SilverCrest Metals' financial statements. These drivers represent accounts that assess SilverCrest Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of SilverCrest Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 90.8M | 283.0M | 780.1M | 1.1B | 1.0B | 1.1B | |
| Enterprise Value | 82.7M | 250.7M | 696.0M | 1.0B | 932.8M | 979.5M |
SilverCrest Metals ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SilverCrest Metals' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SilverCrest Metals' managers, analysts, and investors.Environmental | Governance | Social |
SilverCrest Fundamentals
| Return On Equity | 0.33 | ||||
| Return On Asset | 0.2 | ||||
| Profit Margin | 0.49 % | ||||
| Operating Margin | 0.51 % | ||||
| Current Valuation | 1.1 B | ||||
| Shares Outstanding | 147.26 M | ||||
| Shares Owned By Insiders | 2.18 % | ||||
| Shares Owned By Institutions | 62.98 % | ||||
| Number Of Shares Shorted | 8.44 M | ||||
| Price To Earning | 542.00 X | ||||
| Price To Book | 2.63 X | ||||
| Price To Sales | 4.34 X | ||||
| Revenue | 249.63 M | ||||
| Gross Profit | 28.42 M | ||||
| EBITDA | 155.98 M | ||||
| Net Income | 118.86 M | ||||
| Cash And Equivalents | 118.58 M | ||||
| Cash Per Share | 0.81 X | ||||
| Total Debt | 286.53 K | ||||
| Debt To Equity | 0.33 % | ||||
| Current Ratio | 14.61 X | ||||
| Book Value Per Share | 2.97 X | ||||
| Cash Flow From Operations | 161.16 M | ||||
| Short Ratio | 5.02 X | ||||
| Earnings Per Share | 0.84 X | ||||
| Target Price | 8.0 | ||||
| Number Of Employees | 340 | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 1.18 B | ||||
| Total Asset | 457.82 M | ||||
| Retained Earnings | (12.3 M) | ||||
| Working Capital | 126.76 M | ||||
| Current Liabilities | 766 K | ||||
| Net Asset | 457.82 M |
About SilverCrest Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SilverCrest Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SilverCrest Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SilverCrest Metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with SilverCrest Metals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SilverCrest Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SilverCrest Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with SilverCrest Stock
| 0.78 | HL | Hecla Mining | PairCorr |
| 0.7 | VOXR | Vox Royalty Corp | PairCorr |
| 0.83 | ASM | Avino Silver Gold | PairCorr |
| 0.62 | BVN | Compania de Minas | PairCorr |
| 0.87 | EXK | Endeavour Silver Corp | PairCorr |
Moving against SilverCrest Stock
| 0.92 | MPVDF | Mountain Province | PairCorr |
| 0.85 | LODE | Comstock Mining | PairCorr |
| 0.79 | X | United States Steel Sell-off Trend | PairCorr |
| 0.74 | HL-PB | Hecla Mining | PairCorr |
| 0.71 | CF | CF Industries Holdings | PairCorr |
The ability to find closely correlated positions to SilverCrest Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SilverCrest Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SilverCrest Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SilverCrest Metals to buy it.
The correlation of SilverCrest Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SilverCrest Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SilverCrest Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SilverCrest Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SilverCrest Stock Analysis
When running SilverCrest Metals' price analysis, check to measure SilverCrest Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SilverCrest Metals is operating at the current time. Most of SilverCrest Metals' value examination focuses on studying past and present price action to predict the probability of SilverCrest Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SilverCrest Metals' price. Additionally, you may evaluate how the addition of SilverCrest Metals to your portfolios can decrease your overall portfolio volatility.