Silvercorp Metals Inc (AMEX:SVM) does about 6.08M shares in volume on a normal day but saw 9034041 shares change hands in the recent trading day. The company now has a market cap of 906.67M USD. Its current market price is $4.16, marking an increase of 6.94% compared to the previous close of $3.89. The 52 week high reached by this stock is $5.32 whilst the lowest price level in 52 weeks is $2.87.
The consensus objective for the share price is $5.54, suggesting that the stock has a potential upside of 24.91% over the period.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 2 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
Alliance Global Partners upgraded its price target at $4.50.
The current price level is 10.46%, 10.74%, and 10.81% away from its SMA20, SMA50, and SMA200 respectively, with the SVM price moving below the 50-day SMA on current market day. Silvercorp Metals Inc (SVM) stock is up 12.13% over the week and 17.51% over the past month. Its price is 38.67% year-to-date and 0.00% over the past year.
To reach the target analysts have set, the stock logically needs to grow 24.91 percent from here.
Outstanding shares total 217.74M with insiders holding 3.56% of the shares and institutional holders owning 43.38% of the company’s common stock. The company has a return on investment of 7.17% and return on equity of 9.62%. The price to earnings ratio (P/E ratio) amounts to 14.29 while the forward price to earnings ratio is 9.35. The beta has a value of 1.01. Price to book ratio is 1.29 and price to sales ratio is 3.03.
