SilverCrest Metals Inc (MEX:SILV)
MXN 206 35.3 (20.68%) Market Cap: 30.43 Bil Enterprise Value: 28.02 Bil PE Ratio: 18.13 PB Ratio: 4.15 GF Score: 48/100

Q1 2023 Silvercrest Metals Inc Earnings Call Transcript

May 12, 2023 / 03:00PM GMT
Release Date Price: MXN124.5
Operator

This is being recorded on Friday, May 12, 2023.

I would now like to turn the conference over to Eric Fier, CEO and Director. Please go ahead.

Thank you, operator. Good morning, and thanks, everyone, for joining the first quarterly earnings call as a precious metal producer. Today will be providing commentary on our first full quarter of production, after which we'll be happy to take questions. The slide deck we'll be referring to is available on our website at silvercrestmetals.com under the Investor tab.

Before we get started, I'd like to direct you to the forward-looking statements on slide 2. All figures discussed this morning are in US dollars unless otherwise stated. On the call with me today are Chris Ritchie, President; and Pierre Beaudoin, Chief Operating Officer.

Let's start with slide 3. Q1 marked our first full quarter of commercial production. We have focused on ramping up gaining further confidence with operations, generating free cash flow while reducing operational and financial risk. Our early ramp-up success, coupled with our robust cash position, has

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