Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) - Roth Capital lifted their FY2025 earnings per share estimates for shares of Silvercorp Metals in a research report issued on Monday, November 11th. Roth Capital analyst J. Reagor now forecasts that the company will earn $0.34 per share for the year, up from their prior estimate of $0.33. The consensus estimate for Silvercorp Metals' current full-year earnings is $0.34 per share.
Separately, Roth Mkm reduced their price objective on Silvercorp Metals from $6.00 to $5.10 and set a "buy" rating for the company in a research report on Wednesday, August 21st.
Get Our Latest Analysis on Silvercorp Metals
Silvercorp Metals Stock Performance
NYSEAMERICAN SVM traded up $0.05 during trading on Tuesday, reaching $3.95. 2,909,030 shares of the stock traded hands, compared to its average volume of 2,096,925. Silvercorp Metals has a fifty-two week low of $2.08 and a fifty-two week high of $5.32. The stock has a market cap of $856.87 million, a P/E ratio of 13.00 and a beta of 1.33.
Silvercorp Metals (NYSEAMERICAN:SVM - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. The business had revenue of $68.00 million for the quarter, compared to analyst estimates of $67.90 million. Silvercorp Metals had a return on equity of 8.86% and a net margin of 23.07%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Van ECK Associates Corp lifted its holdings in shares of Silvercorp Metals by 153.8% during the 3rd quarter. Van ECK Associates Corp now owns 22,110,781 shares of the company's stock worth $105,689,000 after acquiring an additional 13,399,851 shares during the period. Tidal Investments LLC bought a new position in shares of Silvercorp Metals in the 1st quarter valued at $17,619,000. Acadian Asset Management LLC raised its holdings in shares of Silvercorp Metals by 1,218.7% during the 2nd quarter. Acadian Asset Management LLC now owns 1,354,921 shares of the company's stock worth $4,520,000 after buying an additional 1,252,174 shares in the last quarter. TD Asset Management Inc bought a new stake in shares of Silvercorp Metals during the 2nd quarter worth $568,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in Silvercorp Metals by 2.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,366,682 shares of the company's stock valued at $23,369,000 after acquiring an additional 115,300 shares during the last quarter. 22.30% of the stock is owned by institutional investors.
About Silvercorp Metals
(
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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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