Roth Capital Raises Earnings Estimates for Silvercorp Metals

Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) - Stock analysts at Roth Capital upped their FY2025 earnings per share (EPS) estimates for shares of Silvercorp Metals in a report released on Thursday, January 16th. Roth Capital analyst J. Reagor now anticipates that the company will post earnings of $0.36 per share for the year, up from their previous estimate of $0.34. The consensus estimate for Silvercorp Metals' current full-year earnings is $0.34 per share.

Silvercorp Metals Price Performance

Shares of SVM stock traded up $0.02 on Friday, hitting $3.08. The stock had a trading volume of 2,700,011 shares, compared to its average volume of 3,349,036. Silvercorp Metals has a one year low of $2.22 and a one year high of $5.32. The company has a market capitalization of $669.43 million, a P/E ratio of 10.25 and a beta of 1.20.

Silvercorp Metals (NYSEAMERICAN:SVM - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.01. Silvercorp Metals had a return on equity of 8.12% and a net margin of 23.07%. The firm had revenue of $68.00 million during the quarter, compared to analyst estimates of $67.90 million.

Institutional Investors Weigh In On Silvercorp Metals

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in shares of Silvercorp Metals by 75.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 618,015 shares of the company's stock worth $2,701,000 after acquiring an additional 265,387 shares in the last quarter. DGS Capital Management LLC lifted its position in shares of Silvercorp Metals by 123.2% during the 3rd quarter. DGS Capital Management LLC now owns 38,980 shares of the company's stock valued at $170,000 after buying an additional 21,514 shares in the last quarter. Franklin Resources Inc. purchased a new stake in Silvercorp Metals in the 3rd quarter worth $860,000. Tidal Investments LLC increased its holdings in Silvercorp Metals by 2.1% in the 3rd quarter. Tidal Investments LLC now owns 6,412,871 shares of the company's stock worth $28,024,000 after acquiring an additional 133,231 shares in the last quarter. Finally, Virtu Financial LLC lifted its holdings in Silvercorp Metals by 21.1% during the third quarter. Virtu Financial LLC now owns 54,233 shares of the company's stock valued at $237,000 after purchasing an additional 9,465 shares in the last quarter. 22.30% of the stock is owned by hedge funds and other institutional investors.

Silvercorp Metals Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a $0.0125 dividend. The ex-dividend date was Friday, November 29th. This represents a yield of 0.6%. Silvercorp Metals's dividend payout ratio (DPR) is presently 10.00%.

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.