SilverCrest Metals Inc. (NYSEMKT:SILV - Get Free Report) shares were up 2.5% on Thursday . The stock traded as high as $10.47 and last traded at $10.42. Approximately 1,241,310 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 1,423,583 shares. The stock had previously closed at $10.17.
SilverCrest Metals Stock Up 2.5 %
The company has a market capitalization of $1.55 billion, a P/E ratio of 18.28 and a beta of 1.21. The stock has a fifty day simple moving average of $10.06 and a 200-day simple moving average of $9.12.
Institutional Trading of SilverCrest Metals
A hedge fund recently raised its stake in SilverCrest Metals stock. CANADA LIFE ASSURANCE Co raised its stake in shares of SilverCrest Metals Inc. (NYSEMKT:SILV - Free Report) by 347.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,731 shares of the company's stock after buying an additional 47,941 shares during the quarter. CANADA LIFE ASSURANCE Co's holdings in SilverCrest Metals were worth $411,000 at the end of the most recent reporting period. 44.75% of the stock is currently owned by hedge funds and other institutional investors.
About SilverCrest Metals
(
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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.
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