In the latest trading session, 0.95 million Silvercorp Metals Inc (AMEX:SVM) shares changed hands as the company’s beta touched 1.01. With the company’s most recent per share price at $4.11 changed hands at -$0.08 or -1.91% at last look, the market valuation stands at $893.60M. SVM’s current price is a discount, trading about -29.44% off its 52-week high of $5.32. The share price had its 52-week low at $2.71, which suggests the last value was 34.06% up since then. When we look at Silvercorp Metals Inc’s average trading volume, we note the 10-day average is 7.18 million shares, with the 3-month average coming to 5.35 million.
Analysts gave the Silvercorp Metals Inc (SVM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.25. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SVM as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Silvercorp Metals Inc’s EPS for the current quarter is expected to be 0.08.
Silvercorp Metals Inc (AMEX:SVM) trade information
Instantly SVM was in red as seen in intraday trades today. With action 3.27%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 37.00%, with the 5-day performance at 3.27% in the green. However, in the 30-day time frame, Silvercorp Metals Inc (AMEX:SVM) is 13.54% up. Looking at the short shares, we see there were 12.45 million shares sold at short interest cover period of 2.01 days.
Silvercorp Metals Inc (SVM) estimates and forecasts
Year-over-year growth is forecast to reach 34.36% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 62.35M. 1 analysts are of the opinion that Silvercorp Metals Inc’s revenue for the current quarter will be 91.1M. The company’s revenue for the corresponding quarters a year ago was 42.68M and 72.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 46.08%. The estimates for the next quarter sales put growth at 26.24%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.75%. The 2025 estimates are for Silvercorp Metals Inc earnings to increase by 81.75%.
SVM Dividends
Silvercorp Metals Inc is expected to release its next quarterly earnings report on 2025-Feb-10. The 0.61% annual yield figure for the share gives it an annual dividend of 0.03. It is important to note, however, that the 0.61% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 0.71 per year.
Silvercorp Metals Inc (AMEX:SVM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.65% of Silvercorp Metals Inc shares while 39.63% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 41.14%. There are 39.63% institutions holding the Silvercorp Metals Inc stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 4.9054% of the shares, roughly 8.71 million SVM shares worth $29.27 million.
TOROSO INVESTMENTS, LLC holds the second largest percentage of outstanding shares, with 3.5363% or 6.28 million shares worth $21.1 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. With 8.72 shares estimated at $35.8 million under it, the former controlled 4.01% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held about 3.78% of the shares, roughly 8.23 shares worth around $33.77 million.
