Css LLC Il Invests $355,000 in SilverCrest Metals Inc. (NYSE:SILV)

Css LLC Il acquired a new stake in shares of SilverCrest Metals Inc. (NYSE:SILV) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 39,008 shares of the company’s stock, valued at approximately $355,000.

A number of other large investors also recently modified their holdings of SILV. Magnetar Financial LLC purchased a new stake in SilverCrest Metals in the fourth quarter worth approximately $32,978,000. Alpine Associates Management Inc. bought a new stake in shares of SilverCrest Metals in the 4th quarter worth approximately $30,883,000. AQR Arbitrage LLC purchased a new stake in shares of SilverCrest Metals in the 4th quarter valued at $21,852,000. Grantham Mayo Van Otterloo & Co. LLC purchased a new stake in shares of SilverCrest Metals in the 4th quarter valued at $21,745,000. Finally, Millennium Management LLC grew its holdings in shares of SilverCrest Metals by 1,114.3% during the 4th quarter. Millennium Management LLC now owns 1,999,824 shares of the company’s stock valued at $18,204,000 after purchasing an additional 1,835,129 shares during the last quarter. 44.75% of the stock is owned by hedge funds and other institutional investors.

SilverCrest Metals Price Performance

Shares of NYSE:SILV opened at $11.55 on Friday. 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 fifty day moving average is $11.55 and its 200 day moving average is $10.84. SilverCrest Metals Inc. has a 52 week low of $4.83 and a 52 week high of $11.98.

About SilverCrest Metals

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.