Shares of SilverCrest Metals Inc. (NYSE:SILV - Get Free Report) were up 8.2% during mid-day trading on Thursday . The company traded as high as $11.06 and last traded at $11.03. Approximately 1,235,943 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 1,556,256 shares. The stock had previously closed at $10.19.
SilverCrest Metals Stock Performance
The stock has a 50 day moving average price of $9.97 and a 200 day moving average price of $9.59. The company has a market cap of $1.62 billion, a P/E ratio of 19.00 and a beta of 1.20.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Blue Trust Inc. lifted its stake in shares of SilverCrest Metals by 194.1% during the third quarter. Blue Trust Inc. now owns 5,120 shares of the company's stock valued at $47,000 after acquiring an additional 3,379 shares during the period. Eastern Bank bought a new position in SilverCrest Metals in the third quarter valued at about $88,000. D.A. Davidson & CO. bought a new stake in SilverCrest Metals during the 3rd quarter worth approximately $92,000. Austin Private Wealth LLC bought a new position in SilverCrest Metals during the third quarter worth $94,000. Finally, Virtu Financial LLC purchased a new stake in SilverCrest Metals in the 3rd quarter valued at $95,000. 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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