Silvercrest Metals Stock Filter Stocks by Fundamentals
| SIL Stock | 14.43 0.12 0.82% |
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.
SilverCrest | Shares Owned by Institutions |
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 | 777.2M | 1.4B | 1.1B | 873.4M | 962.3M | 515.0M | |
| Enterprise Value | 693.1M | 1.3B | 1.0B | 872.6M | 876.6M | 478.0M |
SilverCrest Fundamentals
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.19 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.52 % | ||||
| Current Valuation | 1.98 B | ||||
| Shares Outstanding | 148.66 M | ||||
| Shares Owned By Insiders | 2.14 % | ||||
| Shares Owned By Institutions | 60.76 % | ||||
| Number Of Shares Shorted | 2.25 M | ||||
| Price To Book | 3.31 X | ||||
| Price To Sales | 7.71 X | ||||
| Revenue | 245.13 M | ||||
| Gross Profit | 28.42 M | ||||
| EBITDA | 153.79 M | ||||
| Net Income | 116.72 M | ||||
| Cash And Equivalents | 50.76 M | ||||
| Total Debt | 288 K | ||||
| Book Value Per Share | 3.12 X | ||||
| Cash Flow From Operations | 158.26 M | ||||
| Short Ratio | 4.96 X | ||||
| Earnings Per Share | 0.81 X | ||||
| Target Price | 14.0 | ||||
| Number Of Employees | 340 | ||||
| Beta | 1.2 | ||||
| Market Capitalization | 2.15 B | ||||
| Total Asset | 460.17 M | ||||
| Retained Earnings | (12.37 M) | ||||
| Working Capital | 126.76 M | ||||
| Net Asset | 460.17 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
| 0.93 | AG | First Majestic Silver | PairCorr |
| 0.85 | IE | Ivanhoe Energy | PairCorr |
| 0.85 | FDY | Faraday Copper Corp | PairCorr |
Moving against SilverCrest Stock
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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SilverCrest Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in SilverCrest Stock, please use our How to Invest in SilverCrest Metals guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.