Connor Clark & Lunn Investment Management Ltd. Has $15.52 Million Holdings in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Connor Clark & Lunn Investment Management Ltd. trimmed its position in Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,171,882 shares of the company's stock after selling 194,800 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned approximately 2.38% of Silvercorp Metals worth $15,523,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. National Bank of Canada FI raised its position in Silvercorp Metals by 5,059.2% during the third quarter. National Bank of Canada FI now owns 399,835 shares of the company's stock valued at $1,747,000 after buying an additional 392,085 shares during the period. JPMorgan Chase & Co. grew its stake in Silvercorp Metals by 75.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 618,015 shares of the company's stock valued at $2,701,000 after acquiring an additional 265,387 shares in the last quarter. Northwest & Ethical Investments L.P. acquired a new position in shares of Silvercorp Metals in the 3rd quarter valued at about $887,000. XTX Topco Ltd lifted its position in shares of Silvercorp Metals by 1,092.1% in the third quarter. XTX Topco Ltd now owns 216,511 shares of the company's stock worth $946,000 after purchasing an additional 198,349 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new stake in shares of Silvercorp Metals in the third quarter worth approximately $860,000. 22.30% of the stock is owned by hedge funds and other institutional investors.

Silvercorp Metals Price Performance

SVM traded up $0.07 on Monday, reaching $4.15. 5,309,629 shares of the company traded hands, compared to its average volume of 3,180,597. The stock has a market cap of $903.54 million, a P/E ratio of 11.53 and a beta of 1.20. 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 business has a 50 day moving average price of $3.32. Silvercorp Metals Inc. has a 52-week low of $2.71 and a 52-week high of $5.32.

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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.