116,242 Shares in SilverCrest Metals Inc. (NYSE:SILV) Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new position in shares of SilverCrest Metals Inc. (NYSE:SILV) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 116,242 shares of the company’s stock, valued at approximately $1,058,000.

Several other large investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its stake in SilverCrest Metals by 8.3% during the third quarter. Van ECK Associates Corp now owns 14,114,981 shares of the company’s stock worth $130,564,000 after purchasing an additional 1,083,681 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in SilverCrest Metals by 8.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,216,200 shares of the company’s stock worth $20,563,000 after purchasing an additional 180,200 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in 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 during the last quarter. ABC Arbitrage SA bought a new position in SilverCrest Metals during the fourth quarter worth $4,422,000. Finally, The Manufacturers Life Insurance Company lifted its stake in 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 during the last quarter. 44.75% of the stock is currently owned by institutional investors.

SilverCrest Metals Price Performance

Shares of SILV opened at $11.55 on Friday. The business’s fifty day moving average price is $10.24 and its 200 day moving average price is $9.81. SilverCrest Metals Inc. has a 12-month low of $4.83 and a 12-month high of $11.98. The stock has a market capitalization of $1.72 billion, a PE ratio of 20.26 and a beta of 1.21.

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.