Picton Mahoney Asset Management acquired a new stake in SilverCrest Metals Inc. (NYSE:SILV – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 474,028 shares of the company’s stock, valued at approximately $4,313,000. Picton Mahoney Asset Management owned 0.32% of SilverCrest Metals as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Blue Trust Inc. raised its holdings in SilverCrest Metals by 27.4% in the 4th quarter. Blue Trust Inc. now owns 6,522 shares of the company’s stock worth $60,000 after purchasing an additional 1,402 shares during the period. D.A. Davidson & CO. acquired a new position in SilverCrest Metals in the 3rd quarter worth about $92,000. Virtu Financial LLC acquired a new position in SilverCrest Metals in the 3rd quarter worth about $95,000. Forvis Mazars Wealth Advisors LLC acquired a new position in SilverCrest Metals in the 4th quarter worth about $100,000. Finally, Versor Investments LP acquired a new position in SilverCrest Metals in the 3rd quarter worth about $102,000. Institutional investors and hedge funds own 44.75% of the company’s stock.
SilverCrest Metals Stock Performance
NYSE:SILV opened at $11.55 on Friday. SilverCrest Metals Inc. has a 12 month low of $4.83 and a 12 month high of $11.98. The stock has a 50 day moving average of $10.90 and a two-hundred day moving average of $10.15. The firm has a market cap of $1.72 billion, a P/E ratio of 20.26 and a beta of 1.21.
About SilverCrest Metals
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.
See Also
- Five stocks we like better than SilverCrest Metals
- Are Penny Stocks a Good Fit for Your Portfolio?
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- The How And Why of Investing in Oil Stocks
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- What Are Growth Stocks and Investing in Them
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Want to see what other hedge funds are holding SILV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SilverCrest Metals Inc. (NYSE:SILV – Free Report).
Receive News & Ratings for SilverCrest Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SilverCrest Metals and related companies with MarketBeat.com's FREE daily email newsletter.
