In last trading session, Silvercorp Metals Inc (AMEX:SVM) saw 3.19 million shares changing hands with its beta currently measuring 1.34. Company’s recent per share price level of $4.64 trading at $0.15 or 3.34% at ring of the bell on the day assigns it a market valuation of $1.00B. That closing price of SVM’s stock is at a premium of 1.94% from its 52-week high price of $4.55 and is indicating a premium of 55.17% from its 52-week low price of $2.08. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.55 million shares which gives us an average trading volume of 2.23 million if we extend that period to 3-months.
For Silvercorp Metals Inc (SVM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.20. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.08 in the current quarter.
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Silvercorp Metals Inc (AMEX:SVM) trade information
Upright in the green during last session for gaining 3.34%, in the last five days SVM remained trading in the green while hitting it’s week-highest on Thursday, 09/26/24 when the stock touched $4.64 price level, adding 0.85% to its value on the day. Silvercorp Metals Inc’s shares saw a change of 76.43% in year-to-date performance and have moved 15.71% in past 5-day. Silvercorp Metals Inc (AMEX:SVM) showed a performance of 21.47% in past 30-days. Number of shares sold short was 1.68 million shares which calculate 0.74 days to cover the short interests.
Silvercorp Metals Inc (SVM) estimates and forecasts
Statistics highlight that Silvercorp Metals Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 47.30% of value to its shares in past 6 months, showing an annual growth rate of 50.00% while that of industry is 18.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 20.50% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 70.3M for the same. And 2 analysts are in estimates of company making revenue of 73.35M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -2.75% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 72.73% while estimates for its earnings growth in next 5 years are of 5.00%.
SVM Dividends
Silvercorp Metals Inc is more likely to be releasing its next quarterly report in October and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.54%, the share has a forward dividend of 0.03 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 0.7%.
Silvercorp Metals Inc (AMEX:SVM)’s Major holders
Insiders are in possession of 3.70% of company’s total shares while institution are holding 31.88 percent of that, with stock having share float percentage of 33.11%. Investors also watch the number of corporate investors in a company very closely, which is 31.88% institutions for Silvercorp Metals Inc that are currently holding shares of the company. VAN ECK ASSOCIATES CORP is the top institutional holder at SVM for having 8.71 million shares of worth $29.27 million. And as of 2024-06-30, it was holding 4.9215 of the company’s outstanding shares.
The second largest institutional holder is TOROSO INVESTMENTS, LLC, which was holding about 6.28 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.5479 of outstanding shares, having a total worth of $21.1 million.
