Walleye Capital LLC bought a new stake in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 298,409 shares of the company's stock, valued at approximately $895,000. Walleye Capital LLC owned about 0.14% of Silvercorp Metals as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Tidal Investments LLC grew its holdings in shares of Silvercorp Metals by 2.1% in the third quarter. Tidal Investments LLC now owns 6,412,871 shares of the company's stock worth $28,024,000 after purchasing an additional 133,231 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Silvercorp Metals by 21.6% in the 4th quarter. Renaissance Technologies LLC now owns 5,778,796 shares of the company's stock worth $17,336,000 after acquiring an additional 1,025,000 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Silvercorp Metals by 8.6% in the fourth quarter. JPMorgan Chase & Co. now owns 670,916 shares of the company's stock valued at $2,013,000 after acquiring an additional 52,901 shares during the period. Swiss National Bank raised its stake in shares of Silvercorp Metals by 5.6% during the fourth quarter. Swiss National Bank now owns 428,500 shares of the company's stock valued at $1,287,000 after acquiring an additional 22,800 shares during the last quarter. Finally, Franklin Resources Inc. purchased a new stake in shares of Silvercorp Metals during the third quarter worth about $860,000. Hedge funds and other institutional investors own 22.30% of the company's stock.
Silvercorp Metals Trading Down 1.8 %
NYSEAMERICAN:SVM traded down $0.07 during mid-day trading on Friday, reaching $3.72. 4,757,602 shares of the company's stock traded hands, compared to its average volume of 3,578,006. The company has a 50 day moving average price of $3.75 and a 200-day moving average price of $3.70. The firm has a market capitalization of $809.92 million, a price-to-earnings ratio of 10.33 and a beta of 1.20. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.61 and a quick ratio of 4.35. Silvercorp Metals Inc. has a 12-month low of $2.87 and a 12-month high of $5.32.
About Silvercorp Metals
(
Free Report)
Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.
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