Silvercorp Metals Inc (AMEX:SVM) has a beta value of 1.22 and has seen 1.35 million shares traded in the recent trading session. The company, currently valued at $719.04M, closed the recent trade at $3.31 per share which meant it lost -$0.03 on the day or -1.05% during that session. The SVM stock price is -60.73% off its 52-week high price of $5.32 and 32.93% above the 52-week low of $2.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.94 million shares traded. The 3-month trading volume is 3.63 million shares.
The consensus among analysts is that Silvercorp Metals Inc (SVM) is Buy stock at the moment, with a recommendation rating of 1.20. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.1.
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Silvercorp Metals Inc (AMEX:SVM) trade information
Sporting -1.05% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SVM stock price touched $3.31 or saw a rise of 7.8%. Year-to-date, Silvercorp Metals Inc shares have moved 25.67%, while the 5-day performance has seen it change -18.40%. Over the past 30 days, the shares of Silvercorp Metals Inc (AMEX:SVM) have changed -32.27%. Short interest in the company has seen 7.08 million shares shorted with days to cover at 2.6.
Silvercorp Metals Inc (SVM) estimates and forecasts
Figures show that Silvercorp Metals Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -20.55% over the past 6 months, with this year growth rate of 59.09%, compared to 11.80% for the industry. Revenue growth from the last financial year stood is estimated to be 20.34%.
1 analysts offering their estimates for the company have set an average revenue estimate of 80.9M for the current quarter. 1 have an estimated revenue figure of 48.3M for the next ending quarter. Year-ago sales stood 58.51M and 42.68M respectively for this quarter and the next, and analysts expect sales will grow by 38.27% for the current quarter and 20.34% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.75% over the past 5 years. Earnings growth for 2024 is a modest 79.92% while over the next 5 years, the company’s earnings are expected to increase by 5.00%.
SVM Dividends
Silvercorp Metals Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.01 at a share yield of 0.38%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.69%.
Silvercorp Metals Inc (AMEX:SVM)’s Major holders
Insiders own 3.65% of the company shares, while shares held by institutions stand at 40.69% with a share float percentage of 42.23%. Investors are also buoyed by the number of investors in a company, with Silvercorp Metals Inc having a total of 195.0 institutions that hold shares in the company. The top two institutional holders are VAN ECK ASSOCIATES CORP with over 8.71 million shares worth more than $29.27 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 4.9215% of shares outstanding.
The other major institutional holder is TOROSO INVESTMENTS, LLC, with the holding of over 6.28 million shares as of 2024-06-30. The firm’s total holdings are worth over $21.1 million and represent 3.5479% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Junior Gold Miners ETF and VanEck ETF Trust-VanEck Gold Miners ETF. As of Sep 30, 2024, the former fund manager holds about 4.75% shares in the company for having 10.33 shares of worth $34.08 million while later fund manager owns 9.91 shares of worth $32.7 million as of Sep 30, 2024, which makes it owner of about 4.55% of company’s outstanding stock.
