Triasima Portfolio Management inc. Acquires New Shares in SilverCrest Metals Inc. (NYSE:SILV)

Triasima Portfolio Management inc. bought a new position in SilverCrest Metals Inc. (NYSE:SILV) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 14,700 shares of the company’s stock, valued at approximately $134,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blue Trust Inc. grew its stake in shares of SilverCrest Metals by 194.1% in the third quarter. Blue Trust Inc. now owns 5,120 shares of the company’s stock worth $47,000 after acquiring an additional 3,379 shares during the period. Eastern Bank purchased a new stake in SilverCrest Metals in the third quarter worth approximately $88,000. Corundum Trust Company INC grew its position in SilverCrest Metals by 11.2% in the 3rd quarter. Corundum Trust Company INC now owns 49,500 shares of the company’s stock worth $458,000 after purchasing an additional 5,000 shares during the period. DORCHESTER WEALTH MANAGEMENT Co purchased a new stake in SilverCrest Metals during the 3rd quarter valued at $232,000. Finally, Van ECK Associates Corp lifted its holdings in shares of SilverCrest Metals by 8.3% during the 3rd quarter. Van ECK Associates Corp now owns 14,114,981 shares of the company’s stock valued at $130,564,000 after buying an additional 1,083,681 shares during the period. Institutional investors own 44.75% of the company’s stock.

SilverCrest Metals Price Performance

Shares of SILV opened at $11.08 on Friday. The firm has a market capitalization of $1.65 billion, a P/E ratio of 16.04 and a beta of 1.21. SilverCrest Metals Inc. has a one year low of $4.83 and a one year high of $11.91. The business has a fifty day moving average of $10.05 and a 200 day moving average of $9.64.

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.