Silvercorp Metals Inc (AMEX:SVM) has a beta value of 1.17 and has seen 0.77 million shares traded in the recent trading session. The company, currently valued at $507.31M, closed the recent trade at $2.86 per share which meant it gained $0.13 on the day or 4.76% during that session. The SVM stock price is -46.85% off its 52-week high price of $4.20 and 27.27% above the 52-week low of $2.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.86 million shares traded. The 3-month trading volume is 1.40 million shares.
Silvercorp Metals Inc (AMEX:SVM) trade information
Sporting 4.76% in the green today, the stock has traded in the green over the last five days, when the SVM stock price touched $2.86 or saw a rise of 2.72%. Year-to-date, Silvercorp Metals Inc shares have moved 8.75%, while the 5-day performance has seen it change 0.35%. Over the past 30 days, the shares of Silvercorp Metals Inc (AMEX:SVM) have changed 19.17%. Short interest in the company has seen 3.93 million shares shorted with days to cover at 3.33.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Silvercorp Metals Inc (SVM) estimates and forecasts
Figures show that Silvercorp Metals Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 14.40% over the past 6 months, with this year growth rate of -9.52%, compared to 10.20% for the industry. Revenue growth from the last financial year stood is estimated to be 1.30%.
2 analysts offering their estimates for the company have set an average revenue estimate of $40.2 million for the current quarter. 1 have an estimated revenue figure of $60.9 million for the next quarter concluding in Jun 2024. Year-ago sales stood $34.15 million and $60.1 million respectively for this quarter and the next, and analysts expect sales will grow by 17.70% for the current quarter and 1.30% 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 -16.09% over the past 5 years. Earnings growth for 2024 is a modest 81.22% 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 between May 23 and May 27 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.03 at a share yield of 0.87%. The company’s dividend yield has gone up over the past 12 months.
Silvercorp Metals Inc (AMEX:SVM)’s Major holders
Insiders own 4.39% of the company shares, while shares held by institutions stand at 34.61% with a share float percentage of 36.20%. Investors are also buoyed by the number of investors in a company, with Silvercorp Metals Inc having a total of 149 institutions that hold shares in the company. The top two institutional holders are Van Eck Associates Corporation with over 9.11 million shares worth more than $26.32 million. As of Dec 30, 2023, Van Eck Associates Corporation held 5.13% of shares outstanding.
The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 5.05 million shares as of Dec 30, 2023. The firm’s total holdings are worth over $14.6 million and represent 2.85% 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 ETF Managers Tr-ETFMG Prime Junior Silver ETF. As of Dec 30, 2023, the former fund manager holds about 4.71% shares in the company for having 8.36 million shares of worth $24.16 million while later fund manager owns 5.04 million shares of worth $14.57 million as of Dec 30, 2023, which makes it owner of about 2.84% of company’s outstanding stock.
