Silvercorp Metals Inc (AMEX:SVM) does about 6.28M shares in volume on a normal day but saw 12540608 shares change hands in the recent trading day. The company now has a market cap of 954.62M USD. Its current market price is $4.38, marking an increase of 5.04% compared to the previous close of $4.17. 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 $5.55, suggesting that the stock has a potential upside of 21.08% 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 12.48%, 15.96%, and 16.19% 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 5.29% over the week and 20.33% over the past month. Its price is 46.00% year-to-date and 16.49% over the past year.
To reach the target analysts have set, the stock logically needs to grow 21.08 percent from here.
Outstanding shares total 217.74M with insiders holding 3.78% of the shares and institutional holders owning 43.85% 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 15.05 while the forward price to earnings ratio is 9.84. The beta has a value of 1.00. Price to book ratio is 1.36 and price to sales ratio is 3.19.
