Hi Kewl,

I haven't been paying much attention in the past month or so, and just did a quick check. As far as this analyst goes, and just about all....I believe the Targets range from 3.75 to 6.50, making that $5 one about mid-stream.

A couple of saves I picked up, one important to me and think SilverCrest should have splled out...this one:

increase annual silver production guidance from 435,000 ounces to 535,000 ounces. We are on track to meet our annual production guidance of 33,500 gold ounces."

Guidance was Increased for 2012 by 23%, and there's just one QTR to go.
SilverCrest should have included the percentage in their PR
.
Few people will know this positive....that's quite a statement, deserves underlining.

====================

and these:

Comparison of Q3, 2012, to Q2, 2012

 

Mine operating earnings were up 9% to $11 million, as a result of increases in realized prices. Comprehensive earnings however, were down 76% to $2.2 million ($0.03 per share), from $9.2 million ($0.10 per share) primarily from a non-cash loss on derivatives, an increase in current and deferred tax expense, which was partially offset by an exchange gain on translation to US Dollars.

 

Operating cash flows  were up 42% to $10.2 million ($0.11 per share), from $7.2 million ($0.08 per share) primarily due to better realized silver and gold prices and more gold ounces sold at market prices rather than delivering into the Hedging Facility.

Working capital increased 22% from $21.4 million to $26.1 million.

Record silver production in the third quarter

cash operating cost was $7.60 per silver equivalent ounce, which is below our budget of $8.20

The increase in comprehensive earnings was largely driven by greater volumes of silver sales and an exchange gain on translation to US Dollars and partially offset by a negative marked-to-market derivative impact and recognizing income and deferred tax expense.



Cash flow from operations  $ 10,224,354
Loss on derivative instruments $ (5,126,321 )

Tax expense $ (3,162,000 )


http://www.reuters.com/article/2012/11/14/results-surprises-idUSL3E8ME3M020121114

Wed Nov 14, 2012 6:00pm EST Nov 14 (Reuters) -

The following U.S.- and Canada-listed companies reported earnings on Wednesday. This list shows whether they beat, met or missed Wall Street analysts' forecasts. It also shows the difference between analysts' expectations and reported results. The figures are provided by Thomson Reuters I/B/E/S


SILVERCREST MINES INC Q3 PRECIOUS METALS CAD 0.07
SILVERCREST MINES INC Q3 PRECIOUS METALS USD 0.06


Bloomerg has this for the PE, I guess not counting that current and past taxes paid


http://www.bloomberg.com/quote/SVL:CN
Current P/E Ratio (ttm)   8.2671


SilverCrest Pays Out Gold Hedge Facility
Published Nov 07, 2012



VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/07/12 -- SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC)(NYSE Amex:SVLC) (the "Company"), is pleased to announce that it has paid out the remaining balance of the gold hedge facility established with Macquarie Bank Limited in June, 2009 as a condition of finalizing the Project Loan Facility for the construction of the Company's Santa Elena Mine. The Company is now a completely unhedged silver and gold producer.

J. Scott Drever, President stated: "We are pleased to have been able to take advantage of the recent correction in the gold price to eliminate the outstanding gold hedge. The early elimination of the gold hedge will substantially increase our cash flows from operations for 2013 and 2014 which in turn strengthens our balance sheet and increases our flexibility to pursue our corporate objectives for growth."

[[[ I hope that negates further Derivate need, a full Half of Cash Flow was lost on a Derivative due to this Hedge...that was 5.5 cents of woulda been earnings, Cash Flow was 11 cents per share...tween you and me, I gave my friends my Conservative Estimates [you know they always are beaten] of SVLC doing a minimum of 100% Gain this year and 300% over the next 3, very Conservative, IMHO ]]]