Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $3.81, but opened at $3.99. Silvercorp Metals shares last traded at $4.01, with a volume of 1,054,755 shares traded.
Silvercorp Metals Trading Down 4.6 %
The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.35 and a current ratio of 4.61. The stock has a market cap of $814.27 million, a PE ratio of 10.39 and a beta of 1.20. The stock has a fifty day moving average price of $3.71 and a 200 day moving average price of $3.70.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. First Heartland Consultants Inc. acquired a new position in Silvercorp Metals during the 4th quarter valued at approximately $30,000. Welch Group LLC purchased a new position in shares of Silvercorp Metals during the first quarter worth $44,000. Prudential Financial Inc. acquired a new stake in Silvercorp Metals during the 4th quarter worth about $46,000. Tradition Wealth Management LLC acquired a new position in shares of Silvercorp Metals in the 4th quarter valued at about $46,000. Finally, Oxford Asset Management LLP acquired a new stake in Silvercorp Metals during the fourth quarter worth about $54,000. Hedge funds and other institutional investors own 22.30% of the company's stock.
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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