Arrowstreet Capital Limited Partnership Reduces Holdings in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Arrowstreet Capital Limited Partnership reduced its position in Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) by 17.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,092,843 shares of the company's stock after selling 664,691 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 1.42% of Silvercorp Metals worth $9,283,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SVM. Tidal Investments LLC raised its holdings in shares of Silvercorp Metals by 2.1% in the 3rd quarter. Tidal Investments LLC now owns 6,412,871 shares of the company's stock valued at $28,024,000 after acquiring an additional 133,231 shares in 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 worth $2,013,000 after purchasing an additional 52,901 shares during the last quarter. Swiss National Bank raised its stake in Silvercorp Metals by 5.6% in the fourth quarter. Swiss National Bank now owns 428,500 shares of the company's stock valued at $1,287,000 after purchasing an additional 22,800 shares in the last quarter. National Bank of Canada FI raised its stake in Silvercorp Metals by 5,059.2% in the third quarter. National Bank of Canada FI now owns 399,835 shares of the company's stock valued at $1,747,000 after purchasing an additional 392,085 shares in the last quarter. Finally, XTX Topco Ltd lifted its position in Silvercorp Metals by 1,092.1% during the third quarter. XTX Topco Ltd now owns 216,511 shares of the company's stock valued at $946,000 after purchasing an additional 198,349 shares during the last quarter. Hedge funds and other institutional investors own 22.30% of the company's stock.

Silvercorp Metals Price Performance

Shares of Silvercorp Metals stock traded up $0.18 on Friday, hitting $3.76. 7,746,866 shares of the company traded hands, compared to its average volume of 3,459,903. Silvercorp Metals Inc. has a 12-month low of $2.87 and a 12-month high of $5.32. The company has a current ratio of 4.61, a quick ratio of 4.35 and a debt-to-equity ratio of 0.13. The company has a market cap of $818.63 million, a P/E ratio of 10.44 and a beta of 1.20. The firm's 50-day simple moving average is $3.65 and its 200 day simple moving average is $3.69.

Silvercorp Metals Company 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.