SilverCrest Metals recovered 14,928 gold ounces in Q3
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 10 2024
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Should l Buy ?
Operational Results: SilverCrest Metals reported strong Q3 2024 results from its Las Chispas Operation, recovering 14,928 ounces of gold and 1.41 million ounces of silver, generating record revenue of $80.4 million, a 10% increase from the previous quarter.
Financial Position: The company's treasury assets rose by 29% to $158.2 million, with significant increases in cash and bullion holdings, positioning them well to meet or exceed their annual sales guidance for silver equivalent ounces.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
