Jump Financial LLC decreased its holdings in Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) by 52.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 166,213 shares of the company's stock after selling 184,328 shares during the quarter. Jump Financial LLC owned about 0.08% of Silvercorp Metals worth $499,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently made changes to their positions in SVM. Barclays PLC raised its position in shares of Silvercorp Metals by 2,712.3% during the 3rd quarter. Barclays PLC now owns 44,997 shares of the company's stock worth $197,000 after purchasing an additional 43,397 shares during the last quarter. Geode Capital Management LLC lifted its position 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 valued at $439,000 after acquiring an additional 10,085 shares in the last quarter. Virtu Financial LLC lifted its position in shares of Silvercorp Metals by 21.1% in the third quarter. Virtu Financial LLC now owns 54,233 shares of the company's stock valued at $237,000 after acquiring an additional 9,465 shares in the last quarter. Tidal Investments LLC increased its position in Silvercorp Metals by 2.1% during the 3rd 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 in the last quarter. Finally, Franklin Resources Inc. purchased a new stake in Silvercorp Metals during the 3rd quarter worth about $860,000. Institutional investors and hedge funds own 22.30% of the company's stock.
Silvercorp Metals Trading Down 1.8 %
Shares of Silvercorp Metals stock traded down $0.07 during trading hours on Friday, reaching $3.72. 4,757,602 shares of the company's stock were exchanged, compared to its average volume of 3,583,094. 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 current ratio of 4.61, a quick ratio of 4.35 and a debt-to-equity ratio of 0.13. Silvercorp Metals Inc. has a 52-week low of $2.87 and a 52-week high of $5.32. The company has a fifty day moving average of $3.76 and a 200-day moving average of $3.70.
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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