Silvercorp Metals Inc (SVM) Stock: A Closer Look

A share price of Silvercorp Metals Inc [SVM] is currently trading at $3.45, up 5.83%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SVM shares have gain 11.29% over the last week, with a monthly amount glided 43.15%, and seem to be holding up well over a long-time horizon.

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On 25, March 2024, Silvercorp Offer for OreCorp Lapsed. In a post published today on Yahoo Finance, Trading Symbol:TSX: SVM NYSE 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.

Silvercorp Metals Inc experienced fluctuations in its stock price throughout the past year between $2.08 and $4.20. Silvercorp Metals Inc [AMEX: SVM] shares were valued at $3.45 at the most recent close of the market.

Analyzing the SVM fundamentals

Trailing Twelve Months sales for Silvercorp Metals Inc [AMEX:SVM] were 206.65M which represents -0.24% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.

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 3.36 points at the first support level, and at 3.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.49, and for the 2nd resistance point, it is at 3.54.

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

To put it in perspective, the Current Ratio for Silvercorp Metals Inc [AMEX:SVM] is 3.73. In addition, the Quick Ratio stands at 3.53 and the Cash Ratio stands at 2.46. Considering the valuation of this stock, the price to sales ratio is 2.96, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 19.99.

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