American Century Companies Inc. Trims Stock Holdings in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

American Century Companies Inc. trimmed its stake in Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) by 90.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,387 shares of the company's stock after selling 1,016,668 shares during the period. American Century Companies Inc. owned approximately 0.05% of Silvercorp Metals worth $332,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets boosted its stake in shares of Silvercorp Metals by 1,289.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 41,817 shares of the company's stock worth $183,000 after purchasing an additional 38,808 shares during the period. Public Employees Retirement System of Ohio purchased a new position in shares of Silvercorp Metals during the third quarter valued at approximately $441,000. Barclays PLC grew its stake in shares of Silvercorp Metals by 2,712.3% during the third quarter. Barclays PLC now owns 44,997 shares of the company's stock valued at $197,000 after buying an additional 43,397 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Silvercorp Metals by 11.1% in the third quarter. Geode Capital Management LLC now owns 100,795 shares of the company's stock worth $439,000 after buying an additional 10,085 shares during the period. Finally, Virtu Financial LLC lifted its stake in shares of Silvercorp Metals by 21.1% during the 3rd quarter. Virtu Financial LLC now owns 54,233 shares of the company's stock worth $237,000 after acquiring an additional 9,465 shares during the last quarter. Hedge funds and other institutional investors own 22.30% of the company's stock.

Silvercorp Metals Trading Down 4.6 %

Shares of NYSEAMERICAN:SVM traded down $0.18 on Friday, hitting $3.74. 6,049,495 shares of the company's stock were exchanged, compared to its average volume of 3,508,830. The business's 50 day simple moving average is $3.71 and its two-hundred day simple moving average is $3.70. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.61 and a quick ratio of 4.35. The stock has a market capitalization of $814.27 million, a price-to-earnings ratio of 10.39 and a beta of 1.20. Silvercorp Metals Inc. has a 12 month low of $2.87 and a 12 month high of $5.32.

Silvercorp Metals Profile

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.