Tocqueville Asset Management L.P. Raises Holdings in SilverCrest Metals Inc. (NYSE:SILV)

Tocqueville Asset Management L.P. grew its stake in SilverCrest Metals Inc. (NYSE:SILV) by 2.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 351,960 shares of the company’s stock after buying an additional 7,260 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in SilverCrest Metals were worth $3,203,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in SILV. Connor Clark & Lunn Investment Management Ltd. raised its holdings in SilverCrest Metals by 8.9% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,216,200 shares of the company’s stock valued at $20,563,000 after acquiring an additional 180,200 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of SilverCrest Metals by 35.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 403,574 shares of the company’s stock valued at $3,749,000 after purchasing an additional 106,539 shares in the last quarter. D.A. Davidson & CO. acquired a new stake in shares of SilverCrest Metals in the 3rd quarter valued at $92,000. BNP Paribas Financial Markets lifted its position in shares of SilverCrest Metals by 46.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 215,321 shares of the company’s stock worth $1,992,000 after purchasing an additional 67,966 shares during the last quarter. Finally, Townsquare Capital LLC grew its stake in shares of SilverCrest Metals by 6.9% during the third quarter. Townsquare Capital LLC now owns 23,012 shares of the company’s stock worth $213,000 after purchasing an additional 1,477 shares in the last quarter. Hedge funds and other institutional investors own 44.75% of the company’s stock.

SilverCrest Metals Price Performance

SilverCrest Metals stock opened at $11.55 on Wednesday. The stock has a market cap of $1.72 billion, a PE ratio of 20.26 and a beta of 1.21. The stock’s fifty day moving average is $10.96 and its two-hundred day moving average is $10.21. SilverCrest Metals Inc. has a 1-year low of $4.83 and a 1-year high of $11.98.

SilverCrest Metals 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.