PCJ Investment Counsel Ltd. Has $2.33 Million Stake in SilverCrest Metals Inc. (NYSE:SILV)

PCJ Investment Counsel Ltd. grew its holdings in SilverCrest Metals Inc. (NYSE:SILV) by 27.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 255,620 shares of the company’s stock after buying an additional 55,330 shares during the period. PCJ Investment Counsel Ltd. owned 0.17% of SilverCrest Metals worth $2,328,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SILV. Blue Trust Inc. grew its position in SilverCrest Metals by 27.4% during the 4th quarter. Blue Trust Inc. now owns 6,522 shares of the company’s stock worth $60,000 after acquiring an additional 1,402 shares during the last quarter. D.A. Davidson & CO. bought a new stake in shares of SilverCrest Metals during the 3rd quarter valued at about $92,000. Virtu Financial LLC bought a new stake in shares of SilverCrest Metals during the 3rd quarter valued at about $95,000. Versor Investments LP bought a new stake in shares of SilverCrest Metals during the 3rd quarter valued at about $102,000. Finally, Forvis Mazars Wealth Advisors LLC bought a new stake in shares of SilverCrest Metals during the 4th quarter valued at about $100,000. 44.75% of the stock is owned by institutional investors and hedge funds.

SilverCrest Metals Stock Performance

Shares of NYSE:SILV opened at $11.55 on Friday. The business’s 50 day simple moving average is $10.67 and its two-hundred day simple moving average is $10.04. The firm has a market cap of $1.72 billion, a P/E ratio of 20.26 and a beta of 1.21. SilverCrest Metals Inc. has a 52-week low of $4.83 and a 52-week 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.