Capula Management Ltd Makes New $2.33 Million Investment in SilverCrest Metals Inc. (NYSE:SILV)

Capula Management Ltd bought a new stake in SilverCrest Metals Inc. (NYSE:SILV) during the 4th quarter, HoldingsChannel reports. The fund bought 255,557 shares of the company’s stock, valued at approximately $2,326,000.

Several other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. boosted its holdings in SilverCrest Metals by 27.4% during the 4th quarter. Blue Trust Inc. now owns 6,522 shares of the company’s stock valued at $60,000 after acquiring an additional 1,402 shares during the period. Perritt Capital Management Inc boosted its stake in shares of SilverCrest Metals by 21.8% during the fourth quarter. Perritt Capital Management Inc now owns 9,500 shares of the company’s stock valued at $86,000 after purchasing an additional 1,700 shares during the period. Mint Tower Capital Management B.V. bought a new position in shares of SilverCrest Metals in the fourth quarter worth about $92,000. Virtu Financial LLC purchased a new position in SilverCrest Metals in the 3rd quarter worth about $95,000. Finally, Forvis Mazars Wealth Advisors LLC bought a new stake in SilverCrest Metals during the 4th quarter valued at about $100,000. Institutional investors own 44.75% of the company’s stock.

SilverCrest Metals Price Performance

SilverCrest Metals stock opened at $11.55 on Tuesday. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 20.26 and a beta of 1.21. The firm has a 50-day moving average of $11.40 and a two-hundred day moving average of $10.51. SilverCrest Metals Inc. has a 1 year low of $4.83 and a 1 year high of $11.98.

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.