Silvercorp Metals Inc (AMEX:SVM) price closed higher on Tuesday, March 18, and jumping 0.96% above its previous close.
A look at the daily price movement shows that the last close reads $4.15, with intraday deals fluctuated between $4.1601 and $4.31. The company’s 5Y monthly beta was ticking 0.782 while its P/E ratio in the trailing 12-month period read 11.73. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.32 and 52-week low of $2.71. The stock added 15.75% on its value in the past month.
Silvercorp Metals Inc, which has a market valuation of $910.99 million, is expected to release its quarterly earnings report on 2025-Feb-10. The company stock has a Forward Dividend ratio of 0.03, while the dividend yield is 0.60%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
On average, analysts have forecast the company’s revenue for the quarter will hit 62.35M, with the likely lows of 57.7M and highs of 67M. The average estimate suggests sales growth for the quarter will likely rise by 46.08% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of 289.12M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 34.36% above that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give SVM a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 2 analysts have assigned SVM a recommendation rating as follows: 0 rate it as a Hold; 2 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Silvercorp Metals Inc (SVM) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that SVM’s price is at present 10.58% off the SMA20 and 22.22% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 69.65, with weekly volatility standing at 3.92%. The indicator jumps to 4.75% when calculated based on the past 30 days. Silvercorp Metals Inc (AMEX:SVM)’s beta value is holding at 1.04, while the average true range (ATR) indicator is currently reading 0.18.
An analysis of the Silvercorp Metals Inc (AMEX:SVM) stock in terms of its daily trading volume indicates that the 3-month average is 5.30 million. However, this figure increases on the past 10-day timeline to an average of 7.18 million.
Current records show that the company has 217.42M in outstanding shares. The insiders’ percentage holdings are 3.80% of outstanding shares while the percentage share held by institutions stands at 36.77%. The stats also highlight that short interest as of 2025-02-28, stood at 12.45 million shares, which puts the short ratio at the time at 2.01. From this we can glean that short interest is 594.00 of company’s current outstanding shares. Notably, we see that shares short in February rose slightly given the previous month’s figure stood at 11.36 million. But the 39.67% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
