SilverCrest Metals Inc has a consensus price target of $9.75 based on the ratings of 4 analysts. The high is $11.25 issued by Stifel on May 15, 2024. The low is $9 issued by Scotiabank on August 19, 2024. The 3 most-recent analyst ratings were released by Scotiabank on August 19, 2024, July 16, 2024, and May 23, 2024, respectively. With an average price target of $8.5 between Scotiabank, there's an implied -17.56% downside for SilverCrest Metals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for SilverCrest Metals (AMEX:SILV) was reported by Scotiabank on August 19, 2024. The analyst firm set a price target for $9.00 expecting SILV to fall to within 12 months (a possible -12.71% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for SilverCrest Metals (AMEX:SILV) was provided by Scotiabank, and SilverCrest Metals maintained their sector perform rating.
There is no last upgrade for SilverCrest Metals
The last downgrade for SilverCrest Metals Inc happened on May 23, 2024 when Scotiabank changed their price target from $7.5 to $8 for SilverCrest Metals Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SilverCrest Metals, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SilverCrest Metals was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.
While ratings are subjective and will change, the latest SilverCrest Metals (SILV) rating was a maintained with a price target of $8.50 to $9.00. The current price SilverCrest Metals (SILV) is trading at is $10.31, which is out of the analyst’s predicted range.
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