Silvercorp Metals Inc (AMEX: SVM) is 20.67% higher on its value in year-to-date trading and has touched a low of $2.32 and a high of $5.32 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 $3.62 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $3.62, the stock is 11.56% and 15.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.02 million and changing 0.00% at the moment leaves the stock -1.87% off its SMA200. SVM registered 58.77% gain for a year compared to 6-month loss of 6.16%.
The stock witnessed a 18.30% gain in the last 1 month and extending the period to 3 months gives it a -6.94%, and is 10.37% 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 5.85% over the week and 4.70% over the month.
Silvercorp Metals Inc (SVM) has around 1446 employees, a market worth around $787.06M and $266.46M in sales. Current P/E ratio is 10.14 and Fwd P/E is 8.02. Profit margin for the company is 26.76%. Distance from 52-week low is 56.03% and -31.95% from its 52-week high. The company has generated returns on investments over the last 12 months (8.73%).
with sales reaching $62.35M over the same period.The EPS is expected to grow by 81.75% this year, but quarterly earnings will post 34.36% year-over-year. Quarterly sales are estimated to grow 46.08% in year-over-year returns.
Silvercorp Metals Inc (SVM) Top Institutional Holders
The shares outstanding are 217.42M, and float is at 208.86M with Short Float at 5.44%.
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 2.6645 of the shares totaling 4.73 million with a market value of $15.84 million.
Silvercorp Metals Inc (SVM) Insider Activity
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