Lane Generational LLC Purchases 2,888 Shares of SilverCrest Metals Inc. (NYSE:SILV)

Lane Generational LLC raised its stake in SilverCrest Metals Inc. (NYSE:SILV) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 565,166 shares of the company’s stock after buying an additional 2,888 shares during the quarter. SilverCrest Metals comprises about 5.0% of Lane Generational LLC’s portfolio, making the stock its 8th biggest holding. Lane Generational LLC owned about 0.38% of SilverCrest Metals worth $5,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position in shares of SilverCrest Metals by 44.1% during the third quarter. JPMorgan Chase & Co. now owns 1,144,326 shares of the company’s stock worth $10,585,000 after purchasing an additional 350,294 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position 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 in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of SilverCrest Metals by 35.9% during the third quarter. The Manufacturers Life Insurance Company now owns 403,574 shares of the company’s stock worth $3,749,000 after purchasing an additional 106,539 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of SilverCrest Metals by 46.1% during the third 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 in the last quarter. Finally, HighTower Advisors LLC lifted its position 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 in the last quarter. Institutional investors and hedge funds own 44.75% of the company’s stock.

SilverCrest Metals Stock Performance

SILV stock opened at $11.55 on Wednesday. The company’s 50 day moving average price is $10.77 and its 200 day moving average price is $10.10. SilverCrest Metals Inc. has a fifty-two week low of $4.83 and a fifty-two week high of $11.98. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 20.26 and a beta of 1.21.

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.