AdvertisementOn Track to Meet 2023 GuidanceTSX: SIL | NYSE American: SILVVANCOUVER, BC, Nov. 8, 2023 /PRNewswire/ – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce its financial results for the third quarter of 2023 (“Q3, 2023”). CostsIn the third quarter, total cost of sales was $26.4 million (Q2, 2023 – $23.7 million), an increase of 11% over Q2, 2023. SilverCrest calculates net free cash flow by deducting expenditures on mineral property, plant, and equipment from net cash provided by operating activities. The most directly comparable measure prepared in accordance with IFRS is net cash provided by operating activities less net cash used in investing activities. Cash costs per silver equivalent ounce sold is calculated by dividing cash costs by the silver equivalent ounces sold.

Source: The Bubble November 09, 2023 04:50 UTC