Barclays PLC Purchases 31,081 Shares of SilverCrest Metals Inc. (NYSE:SILV)

Barclays PLC increased its stake in shares of SilverCrest Metals Inc. (NYSE:SILV) by 360.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,714 shares of the company’s stock after acquiring an additional 31,081 shares during the quarter. Barclays PLC’s holdings in SilverCrest Metals were worth $367,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Toronto Dominion Bank boosted its stake in SilverCrest Metals by 40.7% during the second quarter. Toronto Dominion Bank now owns 4,234 shares of the company’s stock worth $35,000 after acquiring an additional 1,225 shares in the last quarter. Townsquare Capital LLC raised its holdings in SilverCrest Metals by 6.9% during the third quarter. Townsquare Capital LLC now owns 23,012 shares of the company’s stock worth $213,000 after buying an additional 1,477 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in SilverCrest Metals by 3.2% during the second quarter. Commonwealth Equity Services LLC now owns 89,419 shares of the company’s stock worth $729,000 after buying an additional 2,744 shares during the last quarter. Blue Trust Inc. raised its holdings in SilverCrest Metals by 194.1% during the third quarter. Blue Trust Inc. now owns 5,120 shares of the company’s stock worth $47,000 after buying an additional 3,379 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in SilverCrest Metals by 3.5% during the second quarter. NewEdge Advisors LLC now owns 145,375 shares of the company’s stock worth $1,185,000 after buying an additional 4,957 shares during the last quarter. 44.75% of the stock is owned by institutional investors.

SilverCrest Metals Trading Down 2.4 %

SILV opened at $9.57 on Friday. The company’s fifty day moving average price is $9.99 and its two-hundred day moving average price is $9.40. SilverCrest Metals Inc. has a 1-year low of $4.83 and a 1-year high of $11.91. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 16.79 and a beta of 1.19.

Analyst Ratings Changes

Separately, Ventum Cap Mkts downgraded shares of SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a report on Friday, October 4th.

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.