Growing Through Challenges? – Silvercorp Metals Inc (SVM)

Currently, there are 217.74M common shares owned by the public and among those 209.85M shares have been available to trade.

The company’s stock has a 5-day price change of 5.29% and 21.67% over the past three months. SVM shares are trading 46.00% year to date (YTD), with the 12-month market performance up to 16.49% higher. It has a 12-month low price of $2.87 and touched a high of $5.32 over the same period. SVM has an average intraday trading volume of 6.19 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 12.48%, 15.96%, and 16.19% respectively.

Institutional ownership of Silvercorp Metals Inc (AMEX: SVM) shares accounts for 42.37% of the company’s 217.74M shares outstanding.

It has a market capitalization of $954.62M and a beta (3y monthly) value of 1.00. The stock’s trailing 12-month PE ratio is 15.05, while the earnings-per-share (ttm) stands at $0.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.70% over the week and 3.58% over the month.

Analysts forecast that Silvercorp Metals Inc (SVM) will achieve an EPS of 0.13 for the current quarter, 0.11 for the next quarter and 0.49 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.13 while analysts give the company a high EPS estimate of 0.13. Earnings per share for the fiscal year are expected to increase by 27.24%, and 20.60% over the next financial year.

Alliance Global Partners was of a view on March 11, 2020 that the stock is Buy, while Alliance Global Partners gave the stock Neutral rating on November 12, 2019, issuing a price target of $4.25- $4.35. BMO Capital Markets on their part issued Market Perform rating on September 11, 2019.

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