Shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $3.22, but opened at $3.36. Silvercorp Metals shares last traded at $3.32, with a volume of 559,329 shares.
Silvercorp Metals Stock Up 1.9 %
The stock has a market cap of $833.87 million, a P/E ratio of 10.64 and a beta of 1.20. The stock's 50-day moving average is $3.65 and its 200-day moving average is $3.69. The company has a current ratio of 4.61, a quick ratio of 4.35 and a debt-to-equity ratio of 0.13.
Institutional Trading of Silvercorp Metals
A number of hedge funds have recently bought and sold shares of SVM. First Heartland Consultants Inc. acquired a new position in Silvercorp Metals in the fourth quarter worth approximately $30,000. Welch Group LLC bought a new stake in shares of Silvercorp Metals during the first quarter valued at approximately $44,000. Prudential Financial Inc. acquired a new position in shares of Silvercorp Metals in the 4th quarter worth approximately $46,000. Tradition Wealth Management LLC acquired a new position in Silvercorp Metals in the fourth quarter valued at about $46,000. Finally, Oxford Asset Management LLP acquired a new position in Silvercorp Metals during the 4th quarter worth about $54,000. 22.30% of the stock is owned by hedge funds and other institutional investors.
Silvercorp Metals Company Profile
(
Get 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.
Further Reading
Before you consider Silvercorp Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Silvercorp Metals wasn't on the list.
While Silvercorp Metals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
