SilverCrest Metals Inc. (NYSE:SILV) Shares Acquired by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. increased its holdings in shares of SilverCrest Metals Inc. (NYSE:SILV) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 351,960 shares of the company’s stock after purchasing an additional 7,260 shares during the quarter. Tocqueville Asset Management L.P. owned 0.24% of SilverCrest Metals worth $3,203,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Blue Trust Inc. boosted its position 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 buying an additional 1,402 shares during the period. D.A. Davidson & CO. purchased a new position in SilverCrest Metals during the 3rd quarter valued at about $92,000. Virtu Financial LLC acquired a new position in SilverCrest Metals in the 3rd quarter valued at about $95,000. Forvis Mazars Wealth Advisors LLC acquired a new position in SilverCrest Metals in the 4th quarter valued at about $100,000. Finally, Toronto Dominion Bank increased its stake in SilverCrest Metals by 203.4% during the third quarter. Toronto Dominion Bank now owns 12,847 shares of the company’s stock worth $119,000 after purchasing an additional 8,613 shares during the period. 44.75% of the stock is currently owned by hedge funds and other institutional investors.

SilverCrest Metals Stock Performance

NYSE SILV opened at $11.55 on Wednesday. The firm 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 simple moving average of $10.96 and a 200-day simple moving average of $10.21. SilverCrest Metals Inc. has a one year low of $4.83 and a one year 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.