Bank of Montreal Can Has $7.92 Million Holdings in SilverCrest Metals Inc. (NYSE:SILV)

Bank of Montreal Can grew its stake in shares of SilverCrest Metals Inc. (NYSE:SILV) by 34.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 869,537 shares of the company’s stock after acquiring an additional 224,267 shares during the quarter. Bank of Montreal Can’s holdings in SilverCrest Metals were worth $7,920,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SILV. Blue Trust Inc. grew its holdings in SilverCrest Metals by 27.4% during the fourth quarter. Blue Trust Inc. now owns 6,522 shares of the company’s stock valued at $60,000 after purchasing an additional 1,402 shares during the period. Perritt Capital Management Inc grew its holdings in shares of SilverCrest Metals by 21.8% in the 4th quarter. Perritt Capital Management Inc now owns 9,500 shares of the company’s stock valued at $86,000 after buying an additional 1,700 shares during the period. Mint Tower Capital Management B.V. acquired a new position in shares of SilverCrest Metals in the 4th quarter valued at $92,000. Virtu Financial LLC bought a new stake in shares of SilverCrest Metals in the 3rd quarter valued at $95,000. Finally, Forvis Mazars Wealth Advisors LLC acquired a new stake in SilverCrest Metals during the 4th quarter worth $100,000. 44.75% of the stock is currently owned by institutional investors and hedge funds.

SilverCrest Metals Stock Performance

NYSE:SILV opened at $11.55 on Monday. SilverCrest Metals Inc. has a 1 year low of $4.83 and a 1 year high of $11.98. The stock has a 50-day moving average price of $11.52 and a two-hundred day moving average price of $10.59. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 20.26 and a beta of 1.21.

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.