SilverCrest Metals Inc. (NYSE:SILV) Shares Acquired by Lane Generational LLC

Lane Generational LLC grew its position in SilverCrest Metals Inc. (NYSE:SILV) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 565,166 shares of the company’s stock after acquiring an additional 2,888 shares during the quarter. SilverCrest Metals comprises approximately 5.0% of Lane Generational LLC’s portfolio, making the stock its 8th biggest position. Lane Generational LLC’s holdings in SilverCrest Metals were worth $5,143,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SILV. Blue Trust Inc. lifted its holdings in shares of SilverCrest Metals by 27.4% during the fourth quarter. Blue Trust Inc. now owns 6,522 shares of the company’s stock worth $60,000 after purchasing an additional 1,402 shares during the period. D.A. Davidson & CO. acquired a new stake in shares of SilverCrest Metals during the third quarter worth $92,000. Virtu Financial LLC acquired a new stake in SilverCrest Metals in the third quarter valued at $95,000. Forvis Mazars Wealth Advisors LLC acquired a new stake in SilverCrest Metals in the fourth quarter valued at $100,000. Finally, Versor Investments LP acquired a new stake in SilverCrest Metals in the third quarter valued at $102,000. 44.75% of the stock is owned by institutional investors and hedge funds.

SilverCrest Metals Stock Performance

SilverCrest Metals stock opened at $11.55 on Wednesday. SilverCrest Metals Inc. has a one year low of $4.83 and a one year high of $11.98. The business has a fifty day moving average of $10.77 and a two-hundred day moving average of $10.10. The company has a market cap of $1.72 billion, a P/E 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.