- SilverCrest Metals is down nearly 40% from its all-time highs set in February, but has never been in a better position, just months from its production.
- The company is armed with a strong cash position of ~$200 million, allowing it to drill aggressively to build reserves with no dilution, and explore regional targets.
- Notably, SilverCrest is expected to be one of the highest-margin producers sector-wide, giving investors security during metals volatility, with operating costs projected to come in below $7.50/oz.
- With SilverCrest having top-tier management, one of the highest-grade projects globally, and set up for meaningful resource growth per share over the coming years, the reward/risk has become very compelling after the recent correction.
For further details see:
SilverCrest Metals: Nearing The Finish Line