Skandinaviska Enskilda Banken AB publ Invests $2.71 Million in SilverCrest Metals Inc. (NYSE:SILV)

Skandinaviska Enskilda Banken AB publ bought a new position in shares of SilverCrest Metals Inc. (NYSE:SILV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 304,262 shares of the company’s stock, valued at approximately $2,711,000. Skandinaviska Enskilda Banken AB publ owned about 0.20% of SilverCrest Metals as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in SILV. Versor Investments LP bought a new stake in shares of SilverCrest Metals during the third quarter worth $102,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of SilverCrest Metals by 8.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,216,200 shares of the company’s stock worth $20,563,000 after purchasing an additional 180,200 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in SilverCrest Metals by 35.9% in the third quarter. The Manufacturers Life Insurance Company now owns 403,574 shares of the company’s stock valued at $3,749,000 after acquiring an additional 106,539 shares during the last quarter. D.A. Davidson & CO. bought a new position in SilverCrest Metals in the third quarter valued at about $92,000. Finally, BNP Paribas Financial Markets boosted its holdings in SilverCrest Metals by 46.1% in the third quarter. BNP Paribas Financial Markets now owns 215,321 shares of the company’s stock valued at $1,992,000 after acquiring an additional 67,966 shares during the last quarter. Institutional investors own 44.75% of the company’s stock.

SilverCrest Metals Price Performance

SilverCrest Metals stock opened at $11.55 on Monday. The business’s 50-day simple moving average is $10.90 and its 200 day simple moving average is $10.16. The stock has a market cap 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 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.