SilverCrest Metals Inc. (NYSE:SILV) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG raised its position in SilverCrest Metals Inc. (NYSE:SILV) by 198.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,871 shares of the company’s stock after purchasing an additional 7,895 shares during the quarter. Deutsche Bank AG’s holdings in SilverCrest Metals were worth $108,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SILV. Allspring Global Investments Holdings LLC lifted its position in SilverCrest Metals by 1.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 296,300 shares of the company’s stock worth $2,699,000 after purchasing an additional 3,400 shares during the period. Swiss National Bank lifted its holdings in shares of SilverCrest Metals by 1.4% in the fourth quarter. Swiss National Bank now owns 293,600 shares of the company’s stock valued at $2,676,000 after buying an additional 4,000 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of SilverCrest Metals by 269.2% in the fourth quarter. Alliancebernstein L.P. now owns 192,028 shares of the company’s stock valued at $1,747,000 after buying an additional 140,010 shares during the period. Stifel Financial Corp bought a new position in SilverCrest Metals during the fourth quarter valued at about $103,000. Finally, Geode Capital Management LLC grew its holdings in SilverCrest Metals by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 73,236 shares of the company’s stock worth $675,000 after acquiring an additional 2,214 shares during the period. Institutional investors own 44.75% of the company’s stock.

SilverCrest Metals Stock Performance

Shares of SilverCrest Metals stock opened at $11.55 on Wednesday. SilverCrest Metals Inc. has a 52 week low of $4.83 and a 52 week high of $11.98. The stock has a market cap of $1.72 billion, a PE ratio of 20.26 and a beta of 1.21. The company’s 50-day moving average price is $11.55 and its two-hundred day moving average price is $10.94.

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.