Core Insights - The article highlights Michael McCrae's expertise in the mining sector and his background in digital media and finance [1] Group 1: Author Background - Michael McCrae is leading Kitco's coverage of the mining sector and has both an MBA and CMA [1] - He co-founded and published MINING.com, an award-winning news site, showcasing his experience in building digital media properties [1] - Prior to his media career, McCrae worked in IT and banking, indicating a diverse professional background [1]

Michael McCrae Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was cofounder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae. Share Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals I ...

270770 If I were to design the perfect mining company for investors, the closest real-world example might be SilverCrest Metals Inc. (NYSE:SILV). In terms of low cash mining costs, a balance sheet with almost no debt (and minor total liabilities), holding plenty of cash and precious metals bullion (in vaults above ground), extracting metals in a relatively safe political jurisdiction (Mexico), this company's operating setup sits on an island by itself for high-margin income generation and extensive financia ...

ammennment A MADDED BOOK FOR COLLECT A_Carina Overview SilverCrest Metals (NYSE:SILV) is one the highest quality silver miners around with its low-cost Las Chispas mine in Sonora, Mexico. The company is listed in both Canada (TSX:SIL:CA) and the U.S. Yesterday after the close, SilverCrest released its Q2 2024 result, which this article will primarily be about. I have covered SilverCrest since 2021 and more frequently over the last couple of years after Las Chispas moved into production. My prior articles on ...

, Unaudited Condensed Interim Consolidated Financial Statements and Notes FOR THE THREE AND SIX MONTHS ENDING JUNE 30, 2024 Condensed Interim Consolidated Statements of Financial Position (unaudited, in thousands of U.S. dollars) | --- | --- | --- | --- | |------------------------------------------------------------------------|-------|-------------------|---------------------| | Assets | | June 30, 2024 | December 31, 2023 | | Current assets | | | | | Cash and cash equivalents | $ | 98,320 $ | 85,964 | | B ...

Record Operating Earnings Drives Treasury Growth 2024 Sales Guidance Increased and Cash Cost and AISC Guidance Reduced TSX: SIL | NYSE American: SILV VANCOUVER, BC, Aug. 7, 2024 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce its financial results for the three months ended June 30, 2024 ("Q2 2024"). This release provides additional operational results to supplement the July 11, 2024 release of Q2 2024 operational highlights from the Company's Las Chispas opera ...

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best ...

The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically ...

Core Insights - SilverCrest Metals Inc. released its 2023 Environmental, Social, and Governance (ESG) Report, focusing on its Las Chispas Operation in Sonora, Mexico, and surrounding communities [1][2] - The 2023 report marks the first full year of production, allowing for more representative environmental baselines and enhanced transparency compared to the 2022 report [2] Financial Performance - In 2023, SilverCrest eliminated its debt within the first seven months of commercial production and met its inaugural sales and cost guidance [6] - The company introduced bullion as part of its treasury assets, indicating a strategic shift towards asset diversification [6] Community Engagement and Sustainability - SilverCrest is committed to sustainability efforts, particularly addressing water scarcity in Sonora through its five-year Water Stewardship Plan, which began in 2022 [6][3] - In 2023, the company invested an additional $280,000 to enhance water infrastructure, resulting in year-round water access for 231 hectares of land, benefiting 57 local landowners [6] - The implementation of drip irrigation technology, which reduces water consumption by 60% and increases yields by up to 90%, has been a focus of the company's initiatives [6] Future Initiatives - The company plans to leverage renewable energy solutions, including the potential use of solar power at the Las Chispas Operation [6] - SilverCrest continues to engage with local stakeholders and government agencies to maximize the impact of its contributions and initiatives [6]

Q2, 2024 Operating Highlights Three months ended A conference call to discuss the Company's Q2, 2024 operational and financial results will be held Thursday, August 8, 2024 at 8:00 a.m. PT / 11:00 a.m. ET. To participate in the conference call, please dial the numbers below. The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, CEO for SilverCrest, who has reviewed and approved its contents. preparation, may prov ...