AGF Investments Inc. purchased a new position in shares of SilverCrest Metals Inc. (NASDAQ:SILV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,755,389 shares of the company’s stock, valued at approximately $4,281,000. AGF Investments Inc. owned approximately 2.37% of SilverCrest Metals at the end of the most recent quarter.

Separately, Gilder Gagnon Howe & Co. LLC bought a new stake in SilverCrest Metals during the third quarter valued at about $12,820,000.

NASDAQ SILV traded down $0.20 during trading on Friday, hitting $2.25. The company’s stock had a trading volume of 40,611 shares, compared to its average volume of 55,123. SilverCrest Metals Inc. has a fifty-two week low of $0.97 and a fifty-two week high of $3.07.

A number of equities research analysts recently weighed in on the company. Zacks Investment Research raised SilverCrest Metals from a “sell” rating to a “hold” rating in a research report on Thursday, October 4th. National Bank Financial reissued an “outperform market weight” rating on shares of SilverCrest Metals in a report on Sunday, September 16th.

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About SilverCrest Metals

SilverCrest Metals Inc engages in the acquisition, exploration, and development of precious metal properties. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 27 concessions totaling approximately 1,389 hectares located in Sonora, Mexico.

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