Silvercorp Metals Inc [SVM] stock prices are up 1.26% to $2.41 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SVM shares have gain 2.12% over the last week, with a monthly amount drifted -3.21%, and not seem to be holding up well over a long-time horizon.
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On 8, February 2024, Silvercorp Reports Adjusted Net Income of $11.5 Million, $0.06 per Share, and Cash Flow from Operations of $23.6 Million for Q3 Fiscal 2024. In a post published today on Yahoo Finance, Trading Symbol: TSX: SVMNYSE AMERICAN: SVM.
From an analyst’s perspective:
Silvercorp Metals Inc [AMEX: SVM] stock has seen the most recent analyst activity on January 31, 2023, when Raymond James upgraded its rating to a Outperform. Previously, Alliance Global Partners downgraded its rating to Neutral on July 20, 2020. On March 11, 2020, upgrade upgraded it’s rating to Buy but maintained its price target of $4.50 on the stock. Alliance Global Partners downgraded its rating to a Neutral and increased its price target to $4.35 on November 12, 2019. BMO Capital Markets downgraded its rating to a Market Perform.
The stock price of Silvercorp Metals Inc [SVM] has been fluctuating between $2.08 and $4.20 over the past year. Silvercorp Metals Inc [AMEX: SVM] shares were valued at $2.41 at the most recent close of the market.
Analyzing the SVM fundamentals
The Silvercorp Metals Inc [AMEX:SVM] reported sales of 206.65M for trailing twelve months, representing a drop of -0.24%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.07 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.37 points at the first support level, and at 2.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.46, and for the 2nd resistance point, it is at 2.50.
Silvercorp Metals Inc [SVM] reported earnings per share of $0.06 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.05/share, meaning a difference of $0.01 and a surprise factor of 20.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.06 per share as compared to estimates of $0.05 per share, a difference of $0.01 representing a surprise of 20.00%.
Ratios To Look Out For
It’s worth pointing out that Silvercorp Metals Inc [AMEX:SVM]’s Current Ratio is 3.73. Also, the Quick Ratio is 3.53, while the Cash Ratio stands at 2.46. Considering the valuation of this stock, the price to sales ratio is 2.07, the price to book ratio is 0.83 and price to earnings (TTM) ratio is 13.96.
