2023-04-12 22:33:09 ET
Summary
- SilverCrest's Mexican mine is up and running, projected to produce 10 million ounces of silver annually by 2024 over a decade in operation.
- Total company costs are projected in the $12-14 an ounce range, meaning price gains above the current $25 quote in silver will add considerable income and cash flow for shareholders.
- Shares appear to be undervalued vs. other silver miners operating in the Americas. I rate shares a Buy based on my bullish silver outlook.
For further details see:
SilverCrest Metals: Fair Leverage To Silver With Limited Risk