Geode Capital Management LLC Has $675,000 Holdings in SilverCrest Metals Inc. (NYSE:SILV)

Geode Capital Management LLC increased its position in shares of SilverCrest Metals Inc. (NYSE:SILV) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,236 shares of the company’s stock after buying an additional 2,214 shares during the period. Geode Capital Management LLC’s holdings in SilverCrest Metals were worth $675,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its holdings in shares of SilverCrest Metals by 27.4% during the 4th 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. Mint Tower Capital Management B.V. acquired a new position in SilverCrest Metals during the fourth quarter worth about $92,000. Virtu Financial LLC acquired a new position in shares of SilverCrest Metals during the third quarter worth $95,000. Forvis Mazars Wealth Advisors LLC acquired a new position in shares of SilverCrest Metals in the fourth quarter valued at approximately $100,000. Finally, Synovus Financial Corp acquired a new stake in SilverCrest Metals in the third quarter valued at $128,000. Institutional investors and hedge funds own 44.75% of the company’s stock.

SilverCrest Metals Stock Performance

SilverCrest Metals stock opened at $11.55 on Friday. The firm has a 50 day moving average price of $11.55 and a two-hundred day moving average price of $10.75. SilverCrest Metals Inc. has a 52-week low of $4.83 and a 52-week high of $11.98. 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 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.