SILVERCREST

Silvercrest Asset Management Group Inc. Reports Q1 2024 Results

Retrieved on: 
Thursday, May 2, 2024
Net income, Forgiveness, City National Bank, Travel, Depreciation, Class, Earnings per share, AUM, Eastern Time Zone, Bank statement, GAAP, Security (finance)

Silvercrest’s discretionary assets under management increased by $1.4 billion, or 6.6%, to $22.7 billion at March 31, 2024, from $21.3 billion at March 31, 2023.

Key Points: 
  • Silvercrest’s discretionary assets under management increased by $1.4 billion, or 6.6%, to $22.7 billion at March 31, 2024, from $21.3 billion at March 31, 2023.
  • Silvercrest’s total AUM increased by $4.6 billion, or 15.4%, to $34.5 billion at March 31, 2024, from $29.9 billion at March 31, 2023.
  • Silvercrest’s discretionary assets under management increased by $0.8 billion, or 3.7%, to $22.7 billion at March 31, 2024, from $21.9 billion at December 31, 2023.
  • Silvercrest Asset Management Group Inc.’s total equity was $83.9 million at March 31, 2024.

Silvercrest Expands International and Global Equity Capability With Rehan Chaudhri, James A. Dunn, Jr., Ken Dennig, and Robert Gondolfo

Retrieved on: 
Thursday, May 2, 2024
Lazard, United Nations, University, International, Investment, LP, Policy, Davos, Morgan Stanley, Business administration, Bachelor of Commerce, Research, Portfolio manager, United, Senior, Embry–Riddle Aeronautical University, Commerce, MBA, Telecommunications, McGill University

The team will expand upon Silvercrest’s comprehensive investment capabilities with their Global Equity Strategy, broadening the firm’s offerings to families and institutional investors.

Key Points: 
  • The team will expand upon Silvercrest’s comprehensive investment capabilities with their Global Equity Strategy, broadening the firm’s offerings to families and institutional investors.
  • Our common values of product excellence, client service, and a strong team orientation makes our decision to join Silvercrest an easy one.
  • We look forward to continuing our dialog with our potential clients and partners worldwide.” Mr. Chaudhri established a dynamic global and international value equity track record since 2020.
  • Mr. Chaudhri joins Silvercrest as a Managing Director and Lead Portfolio Manager for the team’s Global Equity Strategy.

Brixton Metals Appoints Michael Rapsch As Senior Manager, Investor Relations

Retrieved on: 
Friday, April 12, 2024
Senior, OTCQB, Corporate development, Gold, Acquisition, BBB, Marketing, Corporate communication, TSX Venture Exchange, Knowledge

Chairman and CEO, Gary Thompson, remarked, “We are pleased to welcome Mr. Rapsch to the Brixton team.

Key Points: 
  • Chairman and CEO, Gary Thompson, remarked, “We are pleased to welcome Mr. Rapsch to the Brixton team.
  • Mr. Rapsch brings extensive investor relations experience and success with Canadian publicly listed resource companies.
  • In these roles, he was responsible for the implementation, management and execution of all marketing and investor relations related programs.
  • In 2019, Mr. Rapsch founded Cologne Communications Corp. which provides investor relations consulting services to publicly traded resource companies.

SilverCrest Provides First Quarter Operational Results and Conference Call Details

Retrieved on: 
Wednesday, April 17, 2024
Treasury, Gold, Tax, News, Silver

Certain amounts shown in this news release may not total to exact amounts due to rounding differences.

Key Points: 
  • Certain amounts shown in this news release may not total to exact amounts due to rounding differences.
  • Recovered 14,719 ounces ("oz") of gold and 1.41 million ounces of silver, or 2.58 million silver equivalent ("AgEq")1 ounces.
  • "Strong performance of bullion prices in the quarter contributed to a 4% increase in our bullion holdings, to end the quarter at $20.0 million.
  • We look forward to providing more details of our operational and financial performance in mid May."

SilverCrest Reports Fourth Quarter and 2023 Annual Financial Results

Retrieved on: 
Monday, March 11, 2024
Technical report, Silver, Silvercorp Metals, AISC, Ratio, News, Treasury, Fresnillo plc, Corporation, Mining, Printed circuit board

2023 Sales and Corporate AISC Beat Guidance, Driving $54.4 million Increase in Treasury Assets

Key Points: 
  • 2023 Sales and Corporate AISC Beat Guidance, Driving $54.4 million Increase in Treasury Assets
    VANCOUVER, BC, March 11, 2024 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce its financial results for the fourth quarter of 2023 ("Q4, 2023") and the year ended December 31, 2023.
  • This release also provides additional operational results, expanding on the January 23, 2024 release of Q4, 2023 operational results from the Company's Las Chispas operation ("Las Chispas" or the "Operation") located in Sonora, Mexico.
  • We are extremely proud that within seven months of declaring commercial production we became debt free, after repaying $50.0 million in debt in the first half of 2023 ("H1, 2023").
  • Ended the quarter with treasury assets totaling $105.2 million ($86.0 million cash and $19.2 million in bullion), a $23.4 million or 29% increase from the prior quarter.

Silvercrest Asset Management Group Inc. Reports Q4 and Year-End 2023 Results

Retrieved on: 
Thursday, March 7, 2024
Internet, Telephone, Class, AUM, Earnings per share, City National Bank, Net income, GAAP, Forgiveness, Eastern Time Zone, Bank statement, Depreciation, Cryptocurrency

Silvercrest’s discretionary assets under management increased by $1.0 billion, or 4.8%, to $21.9 billion at December 31, 2023, from $20.9 billion at December 31, 2022.

Key Points: 
  • Silvercrest’s discretionary assets under management increased by $1.0 billion, or 4.8%, to $21.9 billion at December 31, 2023, from $20.9 billion at December 31, 2022.
  • Silvercrest’s discretionary assets under management increased by $1.4 billion, or 6.8%, to $21.9 billion at December 31, 2023, from $20.5 billion at September 30, 2023.
  • Silvercrest’s total AUM increased by $2.1 billion, or 6.7%, to $33.3 billion at December 31, 2023, from $31.2 billion at September 30, 2023.
  • Silvercrest Asset Management Group Inc.’s total equity was $85.0 million at December 31, 2023.

Silvercrest Asset Management (SAMG) to Announce Fourth Quarter and Year-End 2023 Results and Host Investor Conference Call

Retrieved on: 
Friday, March 1, 2024
News, Cryptocurrency

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on March 8, 2024, to discuss the company’s financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on March 8, 2024, to discuss the company’s financial results for the fourth quarter and year ended December 31, 2023.
  • A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/ .
  • Chairman, Chief Executive Officer and President Richard R. Hough III and Chief Financial Officer Scott A. Gerard will review the quarterly results during the call.
  • An archived replay of the call will be available after the completion of the live call on the Investor Relations page of the Silvercrest website at http://ir.silvercrestgroup.com/ .

SilverCrest Announces Updated Annual Audited Financial Statement Filing Date and Conference Call

Retrieved on: 
Thursday, March 7, 2024
Q4

VANCOUVER, BC, March 7, 2024 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") reports that it will now file its audited annual financial statements and management discussion and analysis for the fiscal year ended December 31, 2023 (collectively the "Annual Filings") before market open on March 11th, 2024, two working days from the previously announced date of March 6th, 2024.

Key Points: 
  • VANCOUVER, BC, March 7, 2024 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") reports that it will now file its audited annual financial statements and management discussion and analysis for the fiscal year ended December 31, 2023 (collectively the "Annual Filings") before market open on March 11th, 2024, two working days from the previously announced date of March 6th, 2024.
  • The updated filing date is a consequence of a delay in the audit process.
  • A conference call to discuss the Company's Q4, 2023 operational and financial results will now be held March 11, 2024 at 7:00 a.m. PT / 10:00 a.m.
  • To participate in the conference call, please dial the numbers below.

SilverCrest Provides 2024 Guidance

Retrieved on: 
Tuesday, February 20, 2024
Technical report, Mining, News, CPG, Qualified person (European Union), Ratio, Metal, World Gold Council, National instrument, Administration, Tax, Capital, G&A, Corporation, AISC

The new mining contractor, Dumas Contracting Ltd. ("Dumas"), arrived at site in early February 2024 to begin mobilization, which is expected to continue through Q3, 2024.

Key Points: 
  • The new mining contractor, Dumas Contracting Ltd. ("Dumas"), arrived at site in early February 2024 to begin mobilization, which is expected to continue through Q3, 2024.
  • 2024 guidance incorporates assumptions related to the transition of contractors and ramp-up of Dumas.
  • In Q1, 2024 SilverCrest expects to make a payment of approximately $28.0 to $30.0 million for 2023 taxes and duties.
  • This advance to Dumas will be credited towards mining services for SilverCrest over 24 months starting in Q3, 2024.

Dumas Mining, a STRACON Group Company, Awarded a Five-Year Contract for Underground Development and Production Activities at SilverCrest Metals’ Las Chispas Mine in Mexico

Retrieved on: 
Wednesday, January 24, 2024
Gold, Engineering, Mining

TORONTO and LIMA, Peru, Jan. 24, 2024 (GLOBE NEWSWIRE) -- STRACON Group (“STRACON” or “the Group”), a leading provider of state-of-the-art underground and surface mining services to the Americas, today announced that its subsidiary, Dumas Contracting Ltd. (“Dumas”), has been awarded a five year service contract covering all underground development and production activities at SilverCrest Metals Inc. (“SilverCrest”) Las Chispas Mine (“Las Chispas”) in Sonora, Mexico.

Key Points: 
  • TORONTO and LIMA, Peru, Jan. 24, 2024 (GLOBE NEWSWIRE) -- STRACON Group (“STRACON” or “the Group”), a leading provider of state-of-the-art underground and surface mining services to the Americas, today announced that its subsidiary, Dumas Contracting Ltd. (“Dumas”), has been awarded a five year service contract covering all underground development and production activities at SilverCrest Metals Inc. (“SilverCrest”) Las Chispas Mine (“Las Chispas”) in Sonora, Mexico.
  • “I want to thank SilverCrest for the opportunity to showcase Dumas’ operational expertise and decades of experience in underground mining, including in Mexico" said Steve Dixon, CEO of STRACON Group.
  • Dumas has been contracted to provide a wide range of services including all of the underground development and production mining.
  • Dumas, a STRACON Group company, is a leading, full-service mining contractor that specializes in underground mine construction, lateral and vertical mine development, shaft sinking, production mining, and engineering.