Quantbot Technologies LP Has $312,000 Holdings in SilverCrest Metals Inc. (NYSE:SILV)

Quantbot Technologies LP decreased its holdings in shares of SilverCrest Metals Inc. (NYSE:SILV) by 23.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,292 shares of the company’s stock after selling 10,536 shares during the quarter. Quantbot Technologies LP’s holdings in SilverCrest Metals were worth $312,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SILV. CIBC Asset Management Inc lifted its stake in SilverCrest Metals by 0.6% in the 4th quarter. CIBC Asset Management Inc now owns 216,554 shares of the company’s stock valued at $1,971,000 after purchasing an additional 1,296 shares during the last quarter. Blue Trust Inc. raised its position in SilverCrest Metals by 27.4% in the fourth quarter. Blue Trust Inc. now owns 6,522 shares of the company’s stock valued at $60,000 after purchasing an additional 1,402 shares during the last quarter. Townsquare Capital LLC boosted its stake in shares of SilverCrest Metals by 6.9% during the third quarter. Townsquare Capital LLC now owns 23,012 shares of the company’s stock valued at $213,000 after purchasing an additional 1,477 shares in the last quarter. Lane Generational LLC grew its holdings in shares of SilverCrest Metals by 0.5% during the fourth quarter. Lane Generational LLC now owns 565,166 shares of the company’s stock worth $5,143,000 after purchasing an additional 2,888 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of SilverCrest Metals by 1.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 296,300 shares of the company’s stock valued at $2,699,000 after buying an additional 3,400 shares during the period. Institutional investors own 44.75% of the company’s stock.

SilverCrest Metals Price Performance

NYSE:SILV opened at $11.55 on Friday. SilverCrest Metals Inc. has a one year low of $4.83 and a one year high of $11.98. The firm’s 50 day simple moving average is $11.21 and its 200 day simple moving average is $10.39. The company has a market cap 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.