)
Visual
test
SilverCrest Metals
SilverCrest Metals (SIL) investor relations material
SilverCrest Metals has been acquired
SilverCrest Metals Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2024 earnings summary13 Nov, 2024
Executive summary
Achieved record Q3 2024 revenue of $80.4 million and mine operating earnings of $47 million, driven by strong operational performance and favorable metal prices.
Free cash flow rose 49% to $36.2 million ($0.24/share), with treasury assets up 29% to $158.2 million.
Mining rates increased to 1,350 tpd, above plan, aided by two underground contractors.
Remain on track to meet or exceed 2024 sales, cash cost, and AISC guidance.
Announced acquisition by Coeur Mining at an 18% premium, expected to close in late Q1 2025.
Financial highlights
Q3 2024 revenue reached $80.4 million, up from $63.8 million in Q3 2023 and $72.7 million in Q2 2024.
Mine operating earnings were $47 million, a 25% increase year-over-year.
Adjusted net earnings were $26.3 million ($0.18/share), with net earnings of $9.5 million ($0.06/share).
Operating cash flow was $44.2 million ($0.30/share), and free cash flow was $36.2 million ($0.24/share), up 49% from Q2.
Treasury assets at quarter-end totaled $158.2 million, including $120.9 million in cash and $37.4 million in bullion.
Outlook and guidance
Confident in meeting or exceeding 2024 sales, cash cost, and AISC guidance, with YTD sales of 7.9 million oz AgEq and costs below guidance.
Plant throughput planned at 1,200 tpd for the rest of 2024.
Sustaining capital expenditures and exploration spend expected at the top end of $40–44 million and $12–14 million guidance, respectively.
Targeting inferred resource growth and advancing regional exploration.
Solar power integration and Coeur Mining transaction expected in Q1 2025.
Why not maintain higher plant throughput?
Bullion strategy post-Coeur acquisition?
Drivers of sustained low cash costs?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebWASH
Q4 2025 net income up 48%, adjusted EPS up 41%, AUA $7.8B, dividend yield 7.58%. - 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRINet loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high.
SilverCrest Metals
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
SilverCrest Metals Inc. is a Canadian company focused on the exploration and development of precious metal properties in Mexico, with a primary emphasis on silver and gold. The company's flagship property is the Las Chispas Mine, which comprises 28 concessions totaling approximately 1,401 hectares located in Sonora, Mexico. SilverCrest Metals Inc. is headquartered in Vancouver, British Columbia, Canada, and its shares are listed on both the Toronto Stock Exchange and on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage