SilverCrest Metals Inc. (NYSEMKT:SILV - Get Free Report) shares traded up 1.3% on Wednesday . The company traded as high as $9.89 and last traded at $9.89. 2,026,390 shares changed hands during mid-day trading, an increase of 42% from the average session volume of 1,423,583 shares. The stock had previously closed at $9.76.
SilverCrest Metals Trading Up 1.3 %
The company has a market cap of $1.47 billion, a price-to-earnings ratio of 11.92 and a beta of 1.23. The business has a fifty day moving average price of $8.79 and a two-hundred day moving average price of $8.49.
Hedge Funds Weigh In On SilverCrest Metals
Large investors have recently made changes to their positions in the business. Fore Capital LLC acquired a new position in shares of SilverCrest Metals in the 1st quarter valued at about $113,000. Oxbow Advisors LLC bought a new stake in shares of SilverCrest Metals in the 1st quarter valued at approximately $209,000. CANADA LIFE ASSURANCE Co grew its stake in shares of SilverCrest Metals by 347.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 61,731 shares of the company's stock valued at $411,000 after buying an additional 47,941 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of SilverCrest Metals by 7.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 86,675 shares of the company's stock valued at $577,000 after buying an additional 6,228 shares in the last quarter. Finally, BNP Paribas Financial Markets bought a new stake in shares of SilverCrest Metals in the 1st quarter valued at approximately $599,000. Institutional investors and hedge funds own 44.75% of the company's stock.
About SilverCrest Metals
(
Get Free Report)
SilverCrest Metals Inc engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, and Angel de Plata properties in Sonora Mexico.
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