Forvis Mazars Wealth Advisors LLC Makes New Investment in SilverCrest Metals Inc. (NYSE:SILV)

Forvis Mazars Wealth Advisors LLC bought a new position in SilverCrest Metals Inc. (NYSE:SILV) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 11,000 shares of the company’s stock, valued at approximately $100,000.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. raised its position in SilverCrest Metals by 44.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,144,326 shares of the company’s stock worth $10,585,000 after buying an additional 350,294 shares during the last quarter. Van ECK Associates Corp raised its position in SilverCrest Metals by 8.3% in the 3rd quarter. Van ECK Associates Corp now owns 14,114,981 shares of the company’s stock worth $130,564,000 after buying an additional 1,083,681 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in SilverCrest Metals by 35.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 403,574 shares of the company’s stock worth $3,749,000 after buying an additional 106,539 shares during the last quarter. BNP Paribas Financial Markets increased 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 valued at $1,992,000 after purchasing an additional 67,966 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in shares of SilverCrest Metals by 65.4% during the 3rd quarter. HighTower Advisors LLC now owns 20,179 shares of the company’s stock valued at $187,000 after purchasing an additional 7,981 shares during the last quarter. Hedge funds and other institutional investors own 44.75% of the company’s stock.

SilverCrest Metals Price Performance

NYSE SILV opened at $11.55 on Tuesday. SilverCrest Metals Inc. has a 52 week low of $4.83 and a 52 week high of $11.98. The firm has a market capitalization of $1.72 billion, a P/E ratio of 20.26 and a beta of 1.21. The company has a 50-day moving average price of $10.27 and a 200-day moving average price of $9.86.

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.