Shares of SilverCrest Metals Inc. (NYSEMKT:SILV - Get Free Report) were down 1.7% during mid-day trading on Wednesday . The stock traded as low as $10.54 and last traded at $10.79. Approximately 1,445,534 shares were traded during trading, an increase of 2% from the average daily volume of 1,423,583 shares. The stock had previously closed at $10.98.
SilverCrest Metals Trading Down 5.5 %
The company has a market cap of $1.51 billion, a P/E ratio of 15.20 and a beta of 1.23. The firm has a 50-day moving average of $9.49 and a 200 day moving average of $8.89.
Institutional Trading of SilverCrest Metals
Several institutional investors and hedge funds have recently modified their holdings of the business. Jupiter Asset Management Ltd. raised its position in SilverCrest Metals by 121.4% during the 1st quarter. Jupiter Asset Management Ltd. now owns 4,670,354 shares of the company's stock valued at $31,105,000 after purchasing an additional 2,561,190 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of SilverCrest Metals by 3.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,880,342 shares of the company's stock worth $27,388,000 after acquiring an additional 140,857 shares in the last quarter. BNP Paribas Financial Markets bought a new position in SilverCrest Metals in the first quarter worth $599,000. CANADA LIFE ASSURANCE Co lifted its position in SilverCrest Metals by 347.7% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 61,731 shares of the company's stock valued at $411,000 after acquiring an additional 47,941 shares during the period. Finally, Oxbow Advisors LLC purchased a new position in shares of SilverCrest Metals during the first quarter valued at approximately $209,000. Hedge funds and other institutional investors own 44.75% of the company's stock.
SilverCrest Metals Company Profile
(
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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.
Further Reading
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