Schroder Investment Management Group Takes $188,000 Position in SilverCrest Metals Inc. (NYSE:SILV)

Schroder Investment Management Group purchased a new stake in SilverCrest Metals Inc. (NYSE:SILV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 21,100 shares of the company’s stock, valued at approximately $188,000.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of SilverCrest Metals by 44.1% in the third quarter. JPMorgan Chase & Co. now owns 1,144,326 shares of the company’s stock valued at $10,585,000 after acquiring an additional 350,294 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of SilverCrest Metals by 1.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 296,300 shares of the company’s stock worth $2,699,000 after purchasing an additional 3,400 shares during the period. HighTower Advisors LLC increased its holdings in shares of SilverCrest Metals by 65.4% during the third quarter. HighTower Advisors LLC now owns 20,179 shares of the company’s stock worth $187,000 after purchasing an additional 7,981 shares during the period. Barclays PLC boosted its stake in shares of SilverCrest Metals by 360.0% in the third quarter. Barclays PLC now owns 39,714 shares of the company’s stock valued at $367,000 after buying an additional 31,081 shares during the period. Finally, Swiss National Bank grew its position in SilverCrest Metals by 1.4% during the fourth quarter. Swiss National Bank now owns 293,600 shares of the company’s stock worth $2,676,000 after buying an additional 4,000 shares in the last quarter. 44.75% of the stock is currently owned by institutional investors and hedge funds.

SilverCrest Metals Price Performance

Shares of NYSE SILV opened at $11.55 on Wednesday. The business has a fifty day moving average price of $11.46 and a two-hundred day moving average price of $10.54. The stock has a market capitalization of $1.72 billion, a PE ratio of 20.26 and a beta of 1.21. SilverCrest Metals Inc. has a fifty-two week low of $4.83 and a fifty-two week high of $11.98.

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.