Foundry Partners LLC Has $5.34 Million Stock Holdings in SilverCrest Metals Inc. (NYSE:SILV)

Foundry Partners LLC lowered its position in SilverCrest Metals Inc. (NYSE:SILV) by 6.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 577,025 shares of the company’s stock after selling 39,085 shares during the period. Foundry Partners LLC owned 0.39% of SilverCrest Metals worth $5,337,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SILV. Tidal Investments LLC increased its position in SilverCrest Metals by 5,624.4% in the first quarter. Tidal Investments LLC now owns 4,352,930 shares of the company’s stock worth $28,991,000 after buying an additional 4,276,888 shares during the last quarter. Mackenzie Financial Corp increased its position in SilverCrest Metals by 137.4% in the second quarter. Mackenzie Financial Corp now owns 2,510,176 shares of the company’s stock worth $20,516,000 after buying an additional 1,452,622 shares during the last quarter. Van ECK Associates Corp increased its position in SilverCrest Metals by 8.3% in the third quarter. Van ECK Associates Corp now owns 14,114,981 shares of the company’s stock worth $130,564,000 after buying an additional 1,083,681 shares during the last quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group purchased a new position in shares of SilverCrest Metals in the second quarter valued at $3,653,000. Finally, Renaissance Technologies LLC grew its position in shares of SilverCrest Metals by 2,768.5% in the second quarter. Renaissance Technologies LLC now owns 445,300 shares of the company’s stock valued at $3,629,000 after purchasing an additional 429,776 shares in the last quarter. 44.75% of the stock is currently owned by institutional investors.

SilverCrest Metals Price Performance

Shares of NYSE:SILV opened at $10.37 on Friday. SilverCrest Metals Inc. has a 1 year low of $4.83 and a 1 year high of $11.91. The stock’s 50-day moving average is $10.05 and its 200 day moving average is $9.07. The company has a market cap of $1.54 billion, a PE ratio of 18.20 and a beta of 1.21.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Ventum Cap Mkts cut SilverCrest Metals from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 4th. Scotiabank lifted their price objective on SilverCrest Metals from $8.50 to $9.00 and gave the company a “sector perform” rating in a research note on Monday, August 19th.

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.