Allspring Global Investments Holdings LLC Purchases 3,400 Shares of SilverCrest Metals Inc. (NYSE:SILV)

Allspring Global Investments Holdings LLC raised its position in SilverCrest Metals Inc. (NYSE:SILV) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 296,300 shares of the company’s stock after purchasing an additional 3,400 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.20% of SilverCrest Metals worth $2,699,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SILV. Blue Trust Inc. raised its position in SilverCrest Metals by 194.1% in the third quarter. Blue Trust Inc. now owns 5,120 shares of the company’s stock valued at $47,000 after purchasing an additional 3,379 shares during the last quarter. Eastern Bank bought a new position in shares of SilverCrest Metals during the third quarter worth about $88,000. D.A. Davidson & CO. bought a new position in shares of SilverCrest Metals during the third quarter worth about $92,000. Austin Private Wealth LLC bought a new position in shares of SilverCrest Metals during the third quarter worth about $94,000. Finally, Virtu Financial LLC bought a new position in shares of SilverCrest Metals during the third quarter worth about $95,000. 44.75% of the stock is currently owned by institutional investors.

SilverCrest Metals Price Performance

Shares of SILV opened at $11.55 on Friday. SilverCrest Metals Inc. has a 1 year low of $4.83 and a 1 year high of $11.98. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 20.26 and a beta of 1.21. The business has a 50-day moving average of $10.21 and a 200-day moving average of $9.79.

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.