69,859 Shares in SilverCrest Metals Inc. (NYSE:SILV) Purchased by XTX Topco Ltd

XTX Topco Ltd bought a new stake in shares of SilverCrest Metals Inc. (NYSE:SILV - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 69,859 shares of the company's stock, valued at approximately $646,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mackenzie Financial Corp boosted its position in SilverCrest Metals by 137.4% during the 2nd quarter. Mackenzie Financial Corp now owns 2,510,176 shares of the company's stock valued at $20,516,000 after buying an additional 1,452,622 shares during the period. Van ECK Associates Corp boosted its position in SilverCrest Metals by 8.3% during the 3rd quarter. Van ECK Associates Corp now owns 14,114,981 shares of the company's stock valued at $130,564,000 after buying an additional 1,083,681 shares during the period. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group purchased a new stake in SilverCrest Metals during the 2nd quarter valued at $3,653,000. Renaissance Technologies LLC lifted its position in shares of SilverCrest Metals by 2,768.5% in the 2nd quarter. Renaissance Technologies LLC now owns 445,300 shares of the company's stock worth $3,629,000 after purchasing an additional 429,776 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of SilverCrest Metals in the 2nd quarter worth about $2,467,000. Institutional investors own 44.75% of the company's stock.

SilverCrest Metals Stock Performance

Shares of SilverCrest Metals stock traded down $0.47 during trading on Friday, hitting $10.37. The company's stock had a trading volume of 1,030,544 shares, compared to its average volume of 1,752,696. The company has a fifty day simple moving average of $10.35 and a two-hundred day simple moving average of $9.29. The company has a market capitalization of $1.54 billion, a PE ratio of 18.18 and a beta of 1.19. SilverCrest Metals Inc. has a 52 week low of $4.83 and a 52 week high of $11.91.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Ventum Cap Mkts cut shares of SilverCrest Metals from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 4th. Scotiabank raised their target price on shares of SilverCrest Metals from $8.50 to $9.00 and gave the stock a "sector perform" rating in a research report on Monday, August 19th.

SilverCrest Metals Company Profile

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.