Connor Clark & Lunn Investment Management Ltd. Has $19.41 Million Stock Holdings in SilverCrest Metals Inc. (NYSE:SILV)

Connor Clark & Lunn Investment Management Ltd. cut its position in SilverCrest Metals Inc. (NYSE:SILV) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,131,375 shares of the company’s stock after selling 84,825 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 1.43% of SilverCrest Metals worth $19,414,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SILV. Blue Trust Inc. raised its holdings in SilverCrest Metals by 27.4% in 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 shares of SilverCrest Metals during the third quarter worth $95,000. Forvis Mazars Wealth Advisors LLC acquired a new stake in shares of SilverCrest Metals during the fourth quarter worth $100,000. Finally, Versor Investments LP acquired a new stake in shares of SilverCrest Metals during the third quarter worth $102,000. 44.75% of the stock is currently owned by institutional investors and hedge funds.

SilverCrest Metals Price Performance

Shares of NYSE:SILV opened at $11.55 on Friday. SilverCrest Metals Inc. has a 12 month low of $4.83 and a 12 month high of $11.98. The company’s fifty day simple moving average is $10.86 and its 200 day simple moving average is $10.12. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 20.26 and a beta of 1.21.

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.