11,000 Shares in SilverCrest Metals Inc. (NYSE:SILV) Acquired by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC bought a new position in SilverCrest Metals Inc. (NYSE:SILV) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 11,000 shares of the company’s stock, valued at approximately $100,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Advisory Group Advisory Services LLC purchased a new stake in SilverCrest Metals in the 4th quarter worth approximately $271,000. Wolverine Asset Management LLC purchased a new stake in SilverCrest Metals in the 4th quarter worth approximately $1,058,000. CIBC Asset Management Inc increased its holdings in SilverCrest Metals by 0.6% in the 4th quarter. CIBC Asset Management Inc now owns 216,554 shares of the company’s stock worth $1,971,000 after acquiring an additional 1,296 shares in the last quarter. ABC Arbitrage SA purchased a new stake in SilverCrest Metals in the 4th quarter worth approximately $4,422,000. Finally, Allspring Global Investments Holdings LLC increased its holdings in SilverCrest Metals by 1.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 296,300 shares of the company’s stock worth $2,699,000 after acquiring an additional 3,400 shares in the last quarter. 44.75% of the stock is owned by hedge funds and other institutional investors.

SilverCrest Metals Stock Performance

SilverCrest Metals stock opened at $11.55 on Tuesday. The firm has a 50 day moving average of $10.27 and a 200 day moving average of $9.86. 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 Inc. has a 12-month low of $4.83 and a 12-month 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.