During the last session, Silvercorp Metals Inc (AMEX:SVM)’s traded shares were 1.1 million, with the beta value of the company hitting 1.20. At the end of the trading day, the stock’s price was $3.55, reflecting an intraday gain of 2.31% or $0.08. The 52-week high for the SVM share is $3.98, that puts it down -12.11 from that peak though still a striking 41.41% gain since the share price plummeted to a 52-week low of $2.08. The company’s market capitalization is $629.70M, and the average trade volume was 1.96 million shares over the past three months.
Silvercorp Metals Inc (AMEX:SVM) trade information
Silvercorp Metals Inc (SVM) registered a 2.31% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.31% in intraday trading to $3.55, hitting a weekly high. The stock’s 5-day price performance is -0.56%, and it has moved by 16.39% in 30 days. Based on these gigs, the overall price performance for the year is 0.85%.
Silvercorp Metals Inc (SVM) estimates and forecasts
Statistics show that Silvercorp Metals Inc has underperformed its competitors in share price, compared to the industry in which it operates. Silvercorp Metals Inc (SVM) shares have gone up 51.71% during the last six months, with a year-to-date growth rate less than the industry average at -4.76% against 15.60. In the rating firms’ projections, revenue will increase 1.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 39.25M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 62.8M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 34.15M and 60.1M respectively. In this case, analysts expect current quarter sales to grow by 14.90% and then jump by 4.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -16.09%. While earnings are projected to return 75.95% in 2024, the next five years will return 5.00% per annum.
SVM Dividends
Silvercorp Metals Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Silvercorp Metals Inc is 0.03, with the dividend yield indicating at 0.70 percent, continuing the trend of increasing dividends in recent years.
