Kameleon007
SilverCrest Metals: A Compelling Buy At Current Valuations
This is new coverage on the silver miner SilverCrest Metals Inc. (SILV), a silver mining company that has recently come under scrutiny due to the release of its
SilverCrest Metals: A Compelling Buy At Current Valuations
Summary
- SilverCrest Metals Inc. has come under scrutiny due to a decrease in reserves and increased operating costs, unsettling investors.
- Despite these concerns, the company's Las Chispas mine remains a highly attractive asset with projected high profitability.
- SilverCrest's financial strength, including its robust profitability prospects and lack of debt, make it a compelling buy at its current valuation.
Gold Mining Bull is a gold analyst with more than a decade of investing experience in commodities, hard assets (gold and silver miners), exploration companies, oil and gas producers, MLPs, and more.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SILV over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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