Silvercorp Metals Inc (AMEX:SVM) traded at $3.83 at last check on current trade day and made an upward move of 6.25% on its previous day’s price.
Silvercorp Metals Inc has a market cap of $831.63 million and is expected to release its quarterly earnings report in April. With its Forward Dividend at 0.03 and a yield of 0.65%, the company’s investors could be anxious for the SVM stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 62.35M, with a low of 57.7M and a high of 67M. The median projection represents growth squeezing down to 46.08% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 289.12M, or 34.36% up from figures reported last year.
On the other hand, looking at the outlook for the SVM stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Silvercorp Metals Inc (SVM) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 5.16% off its SMA20 and 15.19% from its 50-day simple moving average. The RSI (14) is pointing at 60.22 while the volatility over the past week is 6.12% and jumps to 5.19% over the past one month. The beta value is 1.10, while the average true range (ATR) is currently pointing at 0.19.
