Silvercorp Metals Inc (AMEX: SVM) is 17.33% higher on its value in year-to-date trading and has touched a low of $2.38 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 $3.53 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $3.52, the stock is 0.96% and 9.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.49 million and changing -0.28% at the moment leaves the stock -4.84% off its SMA200. SVM registered 47.90% gain for a year compared to 6-month loss of -6.88%.
The stock witnessed a 9.32% gain in the last 1 month and extending the period to 3 months gives it a 6.02%, and is -4.86% down 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 4.63% over the week and 4.90% over the month.
Silvercorp Metals Inc (SVM) has around 1446 employees, a market worth around $765.32M and $266.46M in sales. Current P/E ratio is 9.86 and Fwd P/E is 7.80. Profit margin for the company is 26.76%. Distance from 52-week low is 47.59% and -33.83% 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 209.15M with Short Float at 5.99%.
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 4.9054% 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 3.5363 of the shares outstanding. The other top investors are CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. which holds 5.25 million shares representing 2.9572% 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
A total of 0 insider transactions have happened at Silvercorp Metals Inc (SVM) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Silvercorp Metals Inc (SVM): Who are the competitors?
The company’s main competitors (and peers) include First Majestic Silver Corp. (AG) that is trading 7.41% up over the past 12 months. Endeavour Silver Corp. (EXK) that is 103.39% higher over the same period.
