05:28 PM EST, 11/12/2024 (MT Newswires) -- SilverCrest Metals ( SILV ) edged up in after-hours trading, as it reported a higher third-quarter adjusted profit on record revenue.

The company, in the process of being acquired by Coeur Mining ( CDE ) , said adjusted earnings, excluding most one-time items, rose to $26.3 million, or $0.18 per share, up from $24.9 million, or $0.17, last year. Adjustments were largely related to deferred taxes, unrealized losses on derivative currency contracts, and transaction and integration costs, SilverCrest said.

Revenue, a record $80 million, was nearly 10% higher than last year's $72.7 million. SilverCrest sold a total of 15,204 oz gold and 1.5 million oz silver at average realized prices of $2,472 per ounce gold and $29.48 per ounce of silver.

SilverCrest's acquisition by Coeur Mining ( CDE ) is expected to be completed by the first quarter of next year.

The company's shares were last seen US$0.13 to US$10.10 in U.S. after-hours trade. They closed $0.02 lower to $13.92 on the Toronto Stock Exchange.