Silvercorp Metals Inc (AMEX: SVM): To Buy Or Not To Buy, That Is The Question

Silvercorp Metals Inc (SVM) concluded trading on Wednesday at a closing price of $3.76, with 4.98 million shares of worth about $18.73 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 66.37% during that period and on April 3, 2024 the price saw a gain of about 6.52%. Currently the company’s common shares owned by public are about 176.77M shares, out of which, 169.34M shares are available for trading.

Stock saw a price change of 23.28% in past 5 days and over the past one month there was a price change of 40.30%. Year-to-date (YTD), SVM shares are showing a performance of 42.97% which decreased to -1.57% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.08 but also hit the highest price of $4.20 during that period. The average intraday trading volume for Silvercorp Metals Inc shares is 1.55 million. The stock is currently trading 27.33% above its 20-day simple moving average (SMA20), while that difference is up 43.65% for SMA50 and it goes to 45.04% higher than SMA200.

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Silvercorp Metals Inc (AMEX: SVM) currently have 176.77M outstanding shares and institutions hold larger chunk of about 31.44% of that.

The stock has a current market capitalization of $666.95M and its 3Y-monthly beta is at 1.22. PE ratio of stock for trailing 12 months is 21.78, while it has posted earnings per share of $0.17 in the same period. Its PEG reads 4.36 and has Quick Ratio of 3.53 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SVM, volatility over the week remained 4.40% while standing at 4.56% over the month.

Analysts are in expectations that Silvercorp Metals Inc (SVM) stock would likely to be making an EPS of $0.03 in the current quarter, while forecast for next quarter EPS is $0.06 and it is $0.26 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.02 which is $0.04 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.03 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 79.60% while it is estimated to increase by 30.59% in next year. EPS is likely to grow at an annualized rate of 5.00% for next 5-years, compared to annual growth of -16.09% made by the stock over the past 5-years.

On March 11, 2020, Alliance Global Partners Upgrade their recommendations, while on November 12, 2019, Alliance Global Partners Downgrade their ratings for the stock with a price target of $4.35. Stock get a Market perform rating from BMO Capital Markets on September 11, 2019.

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