SilverCrest Metals Inc. (NYSE:SILV) Shares Purchased by Barclays PLC

Barclays PLC boosted its stake in shares of SilverCrest Metals Inc. (NYSE:SILV) by 360.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 39,714 shares of the company’s stock after acquiring an additional 31,081 shares during the period. Barclays PLC’s holdings in SilverCrest Metals were worth $367,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Toronto Dominion Bank increased its position 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 purchasing an additional 1,225 shares during the last quarter. Blue Trust Inc. grew its stake in shares of SilverCrest Metals by 194.1% in the 3rd quarter. Blue Trust Inc. now owns 5,120 shares of the company’s stock valued at $47,000 after buying an additional 3,379 shares during the period. Eastern Bank acquired a new stake in shares of SilverCrest Metals during the 3rd quarter worth approximately $88,000. D.A. Davidson & CO. purchased a new stake in shares of SilverCrest Metals during the 3rd quarter valued at approximately $92,000. Finally, Austin Private Wealth LLC acquired a new position in SilverCrest Metals in the third quarter valued at approximately $94,000. 44.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

SilverCrest Metals Trading Down 0.2 %

Shares of NYSE:SILV opened at $9.86 on Monday. SilverCrest Metals Inc. has a 52 week low of $4.83 and a 52 week high of $11.91. The company’s 50 day moving average is $9.95 and its two-hundred day moving average is $9.54. The company has a market cap of $1.47 billion, a PE ratio of 17.30 and a beta of 1.20.

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.