Positives for Silvercorp Metals Inc (SVM) as stock gains in recent trading

Silvercorp Metals Inc (AMEX: SVM) is 76.43% higher on its value in year-to-date trading and has touched a low of $2.08 and a high of $4.68 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SVM stock was last observed hovering at around $4.64 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $4.64, the stock is 19.73% and 25.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.0 million and changing 0.00% at the moment leaves the stock 42.80% off its SMA200. SVM registered 98.29% gain for a year compared to 6-month gain of 42.33%. The firm has a 50-day simple moving average (SMA 50) of $3.7162 and a 200-day simple moving average (SMA200) of $3.2595.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 22.75% loss in the last 1 month and extending the period to 3 months gives it a 38.10%, and is 9.18% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.66% over the week and 5.42% over the month.

Silvercorp Metals Inc (SVM) has around 1446 employees, a market worth around $1.00B and $227.35M in sales. Current P/E ratio is 17.02 and Fwd P/E is 13.79. Profit margin for the company is 21.56%. Distance from 52-week low is 123.08% and -0.85% from its 52-week high. The company has generated returns on investments over the last 12 months (9.33%).

The EPS is expected to grow by 72.73% this year.

Silvercorp Metals Inc (SVM) Top Institutional Holders

184.0 institutions hold shares in Silvercorp Metals Inc (SVM), with institutional investors hold 33.38% of the company’s shares. The shares outstanding are 216.50M, and float is at 208.23M with Short Float at 0.81%. Institutions hold 32.14% of the Float.

The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 8.71 million shares valued at $29.27 million. The investor’s holdings represent 4.9215% of the SVM Shares outstanding. As of 2024-06-30, the second largest holder is TOROSO INVESTMENTS, LLC with 6.28 million shares valued at $21.1 million to account for 3.5479 of the shares outstanding. The other top investors are CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. which holds 5.25 million shares representing 2.9669% and valued at over $17.58 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 2.6733 of the shares totaling 4.73 million with a market value of $15.84 million.