Silvercorp Metals Inc (AMEX:SVM) shares, rose in value, with the stock price up by 8.47% to the previous day’s close as strong demand from buyers drove the stock to $3.84.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.54, falling within a range of $3.64 and $3.8493. The value of beta (5-year monthly) is 1.158 whereas the PE ratio is 10.75 over 12-month period. Referring to stock’s 52-week performance, its high was $5.32, and the low was $2.24. On the whole, SVM has fluctuated by 20.00% over the past month.
With the market capitalization of Silvercorp Metals Inc currently standing at about $835.43 million, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.03, with its dividend yield at 0.65%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 289.12M, with a low estimate of 57.7M and a high estimate of 67M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 62.35M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SVM’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of SVM currently trading nearly 18.92% and 22.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 72.52, while the 7-day volatility ratio is showing 5.52% which for the 30-day chart, stands at 4.71%. Furthermore, Silvercorp Metals Inc (SVM)’s beta value is 1.03, and its average true range (ATR) is 0.17.
A comparison of Silvercorp Metals Inc (SVM) with its peers suggests the former has fared considerably weaker in the market. SVM showed an intraday change of 8.47% in today’s session so far, and over the past year, it grew by 69.16%%.
Data on historical trading for Silvercorp Metals Inc (AMEX:SVM) indicates that the trading volumes over the past 10 days have averaged 5.94 and over the past 3 months, they’ve averaged 4.27 million. According to company’s latest data on outstanding shares, there are 217.42 million shares outstanding.
Nearly 3.80% of Silvercorp Metals Inc’s shares belong to company insiders and institutional investors own 33.40% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.36 million shares as on 2025-01-31, resulting in a short ratio of 2.85. According to the data, the short interest in Silvercorp Metals Inc (SVM) stood at 541.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 8.75 million. The stock has risen by 28.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SVM stock heading into the next quarter.
