SilverCrest Metals Inc. (SILV) Q3 2024 Earnings Call Transcript


SilverCrest Metals Inc. (NYSE:SILV) Q3 2024 Results Conference Call November 13, 2024 11:00 AM ET

Company Participants

Eric Fier – CEO & Director
Rob Doyle – Interim Chief Financial Officer
Chris Ritchie – President
Cliff Lafleur – VP, Technical Services

Operator

Good morning, ladies and gentlemen. Welcome to the SilverCrest Metals Third Quarter 2024 Results Call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions. [Operator Instructions] Also, today’s call is being recorded. [Operator Instructions]

Now at this time, I’ll turn things over to Mr. Eric Fier, CEO and Director of SilverCrest Metals. Please go ahead, sir.

Eric Fier

Thank you, operator. Good. And thanks, everyone, for joining. Today, we’ll be providing commentary on our Q3 2024 results. 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 statement on Slide 2. All figures discussed this morning are in U.S. dollars unless otherwise stated. All ounces and per ounce references discussed will be based on silver equivalent ounces sold unless otherwise indicated. Our silver equivalent reference are based on gold-to-silver ratio of 79.51:1.

On the call with me today are Rob Doyle, Interim CFO; Chris Ritchie, President; and Cliff Lafleur, Vice President of Operations.

Starting on Slide 3. Las Chispas continues to demonstrate its quality and flexibility with another quarter of stellar results, including record revenue and mine operating earnings, which continued to a large — to increase to a large free cash flow. Operational and financial consistency has become our hallmark. And heading into the final quarter of the year, we are confident in our ability to meet or possibly beat our 2024 sales, cash cost and all-in sustaining cost



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