05:25 PM EDT, 10/10/2024 (MT Newswires) -- SilverCrest Metals ( SILV ). (SIL.TO, SILV), which earlier this month agreed to by acquired by Coeur Mining ( CDE ) for US$1.7 billion, after trade Thursday provided third quarter production from the company's Las Chispas Operation in Sonora, Mexico.

The company recovered 14,928 ounces gold and 1.41 million ounces silver, or 2.60 million silver equivalent ounces.

Sales were 15,204 ounces gold and 1.45 million ounces silver, or 2.66 million silver-equivalent ounces, generating record revenue of US$80.4 million, a 10% increase from Q2 2024.

The company realized US$2,472 per ounce of gold and $29.48 per silver ounce, increases of 11% and 6% respectively from the second quarter. Treasury assets rose 29% to US$158.2 million, including US$120.9 million cash and US$37.4 million of bullion.

"We are pleased to announce another quarter of record revenues, a testament to consistent performance from the Las Chispas Operation, coupled with strong metal prices. With silver equivalent sales of 7.9 million ounces in the first three quarters of the year, we are well positioned to deliver at or above the top end of our 2024 annual sales guidance of 10 to 10.3 million ounces AgEq," chief executive Eric Fier said in a statement.

The company will release its full financial results on November 12.

SiverCrest shares closed up $0.43, or 3.2%, to $13.96 on the Toronto Stock Exchange.