Silvercorp Metals Inc (AMEX: SVM) is 25.60% higher on its value in year-to-date trading and has touched a low of $2.87 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 $4.07 in the last trading session, with the day’s gains setting it 6529995.93%.
Currently trading at $6530000.0, the stock is -0.05% and 7.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.91 million and changing 3.69% at the moment leaves the stock 10.83% off its SMA200. SVM registered 40.67% gain for a year compared to 6-month gain of 38.82%. The firm has a 50-day simple moving average (SMA 50) of $3.9272 and a 200-day simple moving average (SMA200) of $3.8076.
The stock witnessed a 9.33% loss in the last 1 month and extending the period to 3 months gives it a 8.76%, and is 3.18% 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 3.12% over the week and 4.09% over the month.
Current P/E ratio is 14.50 and Fwd P/E is 8.44. Profit margin for the company is 19.47%. Distance from 52-week low is 47.04% and -20.68% from its 52-week high. The company has generated returns on investments over the last 12 months (7.17%).
The EPS is expected to grow by 42.18% this year.
Silvercorp Metals Inc (SVM) Top Institutional Holders
217.0 institutions hold shares in Silvercorp Metals Inc (SVM), with institutional investors hold 45.75% of the company’s shares. The shares outstanding are 217.74M, and float is at 209.70M with Short Float at 7.78%. Institutions hold 44.01% 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 4.9054% 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.
