Is There More Upside Ahead For Silvercorp Metals Inc (AMEX: SVM)

Silvercorp Metals Inc (SVM) concluded trading on Thursday at a closing price of $3.00, with 6.94 million shares of worth about $20.83 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.57% during that period and on January 23, 2025 the price saw a loss of about -3.23%. Currently the company’s common shares owned by public are about 216.93M shares, out of which, 209.29M shares are available for trading.

Stock saw a price change of -6.25% in past 5 days and over the past one month there was a price change of 1.01%. Year-to-date (YTD), SVM shares are showing a performance of 0.00% which increased to 25.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.22 but also hit the highest price of $5.32 during that period. The average intraday trading volume for Silvercorp Metals Inc shares is 3.71 million. The stock is currently trading -1.90% below its 20-day simple moving average (SMA20), while that difference is down -8.21% for SMA50 and it goes to -19.23% lower than SMA200.

Silvercorp Metals Inc (AMEX: SVM) currently have 216.93M outstanding shares and institutions hold larger chunk of about 36.08% of that.

The stock has a current market capitalization of $652.68M and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 10.10, while it has posted earnings per share of $0.30 in the same period. It has Quick Ratio of 2.79 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 4.70% while standing at 4.14% over the month.

Analysts are in expectations that Silvercorp Metals Inc (SVM) stock would likely to be making an EPS of 0.09 in the current quarter, while forecast for next quarter EPS is 0.08 and it is 0.44 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.09 which is 0.13 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 0.06 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 76.93% while it is estimated to increase by 15.49% in next year.

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.

Most Popular

Related Posts