Cutler Group LLC CA Buys 8,785 Shares of SilverCrest Metals Inc. (NYSEAMERICAN:SILV)

Cutler Group LLC CA boosted its stake in shares of SilverCrest Metals Inc. (NYSEAMERICAN:SILVFree Report) by 63.8% during the fourth quarter, Holdings Channel reports. The fund owned 22,545 shares of the company’s stock after acquiring an additional 8,785 shares during the period. Cutler Group LLC CA’s holdings in SilverCrest Metals were worth $147,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Mariner LLC boosted its stake in shares of SilverCrest Metals by 32.5% in the 3rd quarter. Mariner LLC now owns 18,683 shares of the company’s stock valued at $82,000 after purchasing an additional 4,581 shares during the last quarter. Anchor Investment Management LLC bought a new position in shares of SilverCrest Metals in the 4th quarter valued at about $33,000. Alps Advisors Inc. bought a new position in shares of SilverCrest Metals in the 3rd quarter valued at about $56,000. WINTON GROUP Ltd acquired a new stake in shares of SilverCrest Metals in the 3rd quarter valued at approximately $61,000. Finally, Tower Research Capital LLC TRC raised its position in shares of SilverCrest Metals by 197.1% in the 3rd quarter. Tower Research Capital LLC TRC now owns 21,415 shares of the company’s stock valued at $95,000 after acquiring an additional 14,207 shares during the period. Institutional investors own 44.75% of the company’s stock.

SilverCrest Metals Stock Performance

Shares of NYSEAMERICAN:SILV opened at $7.09 on Thursday. The company has a market capitalization of $1.04 billion, a P/E ratio of 9.09 and a beta of 1.32. SilverCrest Metals Inc. has a fifty-two week low of $4.16 and a fifty-two week high of $7.56.

SilverCrest Metals (NYSEAMERICAN:SILVGet Free Report) last announced its quarterly earnings results on Monday, March 11th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.09. The business had revenue of $61.32 million for the quarter. SilverCrest Metals had a net margin of 47.62% and a return on equity of 33.11%. On average, analysts forecast that SilverCrest Metals Inc. will post 0.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Desjardins downgraded shares of SilverCrest Metals from a “buy” rating to a “hold” rating in a research report on Tuesday, March 12th.

Read Our Latest Stock Analysis on SILV

SilverCrest Metals Profile

(Free Report)

SilverCrest Metals Inc engages in the exploration and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its principal property includes the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico.

Featured Articles

Want to see what other hedge funds are holding SILV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SilverCrest Metals Inc. (NYSEAMERICAN:SILVFree Report).

Institutional Ownership by Quarter for SilverCrest Metals (NYSEAMERICAN:SILV)

Receive News & Ratings for SilverCrest Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SilverCrest Metals and related companies with MarketBeat.com's FREE daily email newsletter.