Shares of SilverCrest Metals Inc. (NYSE:SILV - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $11.97 and last traded at $11.96, with a volume of 1752969 shares traded. The stock had previously closed at $11.22.
SilverCrest Metals Stock Performance
The firm has a market cap of $1.72 billion, a P/E ratio of 20.26 and a beta of 1.21. The business has a 50-day moving average of $10.18 and a two-hundred day moving average of $9.73.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of SILV. Blue Trust Inc. lifted its stake in shares of SilverCrest Metals by 194.1% in the 3rd quarter. Blue Trust Inc. now owns 5,120 shares of the company's stock valued at $47,000 after purchasing an additional 3,379 shares during the period. Perritt Capital Management Inc raised its stake in SilverCrest Metals by 21.8% during the 4th quarter. Perritt Capital Management Inc now owns 9,500 shares of the company's stock worth $86,000 after buying an additional 1,700 shares during the period. Eastern Bank acquired a new position in SilverCrest Metals during the 3rd quarter worth approximately $88,000. D.A. Davidson & CO. acquired a new position in SilverCrest Metals during the 3rd quarter worth approximately $92,000. Finally, Mint Tower Capital Management B.V. acquired a new position in SilverCrest Metals during the 4th quarter worth approximately $92,000. 44.75% of the stock is owned by institutional investors and hedge funds.
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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