MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sells 449,203 Shares of SilverCrest Metals Inc. (NYSE:SILV)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. decreased its holdings in shares of SilverCrest Metals Inc. (NYSE:SILV) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,437,219 shares of the company’s stock after selling 449,203 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 2.30% of SilverCrest Metals worth $31,332,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. K2 Principal Fund L.P. purchased a new stake in shares of SilverCrest Metals in the 4th quarter valued at about $544,000. Deutsche Bank AG raised its stake in SilverCrest Metals by 198.6% in the fourth quarter. Deutsche Bank AG now owns 11,871 shares of the company’s stock valued at $108,000 after purchasing an additional 7,895 shares in the last quarter. Caption Management LLC raised its stake in SilverCrest Metals by 152.3% in the fourth quarter. Caption Management LLC now owns 22,600 shares of the company’s stock valued at $206,000 after purchasing an additional 65,800 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in SilverCrest Metals during the fourth quarter valued at approximately $11,101,000. Finally, Anson Funds Management LP purchased a new position in SilverCrest Metals in the 4th quarter worth approximately $4,328,000. Institutional investors own 44.75% of the company’s stock.

SilverCrest Metals Price Performance

Shares of NYSE:SILV opened at $11.55 on Wednesday. The company’s fifty day moving average price is $11.55 and its 200-day moving average price is $10.78. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 20.26 and a beta of 1.21. SilverCrest Metals Inc. has a one year low of $4.83 and a one year high of $11.98.

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.