SilverCrest Metals Inc. (AMEX: SILV): The Best-Of-Breed For Investing?


With over 0.83 million SilverCrest Metals Inc. (SILV) shares trading Monday and a closing price of $8.71 on the day, the dollar volume was approximately $7.22 million. The shares have shown a negative weekly performance of -1.80% and its price on 07/13/20 lost nearly -3.86%. Currently, there are 108.53M common shares owned by the public.

The top 3 mutual fund holders in SilverCrest Metals Inc. are VanEck Vectors – Junior Gold Mine, Dynamic Precious Metals Fund, and Fidelity Select Port. – Gold Port. VanEck Vectors – Junior Gold Mine owns 4.38 million shares of the company’s stock, all valued at over $39.15 million. Dynamic Precious Metals Fund bought 75900.0 shares to see its total holdings expand to 3.6 million shares valued at over $32.16 million and representing 2.83% of the shares outstanding. Fidelity Select Port. – Gold Port now owns shares totaling to 2.36% of the shares outstanding.

Shares of SilverCrest Metals Inc. (AMEX: SILV) opened at $9.26, up $0.2 from a prior closing price of $9.06. However, the script later closed the day at $8.71, down -3.86%. The company’s stock has a 5-day price change of -1.80% and 40.26% over the past three months. SILV shares are trading 29.23% year to date (YTD), with the 12-month market performance up to 125.06% higher. It has a 12-month low price of $3.28 and touched a high of $9.74 over the same period. Currently, 0.83 million shares have been traded, compared to an average intraday trading volume of 1.00 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.02%, 4.13%, and 31.02% respectively.

Institutional ownership of SilverCrest Metals Inc. (AMEX: SILV) shares accounts for 50.92% of the company’s 108.53M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.

It has a market capitalization of $945.31M. The earnings-per-share (ttm) stands at -$0.07. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.00% over the week and 6.07% over the month.

Earnings per share for the fiscal year are expected to increase by 3.90%, and 2.40% over the next financial year.

Looking at the support for the SILV, a number of firms have released research notes about the stock. B. Riley FBR stated their Buy rating for the stock in a research note on March 03, 2020, with the firm’s price target at $9.60.


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