Silvercorp Metals Inc (SVM) Stock: Evaluating the Market Performance

The price-to-earnings ratio for Silvercorp Metals Inc (AMEX: SVM) is 19.99x, which is above its average ratio. Moreover, the 36-month beta value for SVM is 1.20. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for SVM is 169.34M and currently, short sellers hold a 2.67% of that float. On April 02, 2024, SVM’s average trading volume was 1.51M shares.

SVM) stock’s latest price update

The stock of Silvercorp Metals Inc (AMEX: SVM) has increased by 5.83 when compared to last closing price of 3.26.Despite this, the company has seen a gain of 11.29% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-14 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

SVM’s Market Performance

Silvercorp Metals Inc (SVM) has seen a 11.29% rise in stock performance for the week, with a 43.15% gain in the past month and a 28.25% surge in the past quarter. The volatility ratio for the week is 4.34%, and the volatility levels for the past 30 days are at 4.75% for SVM. The simple moving average for the past 20 days is 20.57% for SVM’s stock, with a 33.36% simple moving average for the past 200 days.

Analysts’ Opinion of SVM

Alliance Global Partners gave a rating of “Buy” to SVM, setting the target price at $4.50 in the report published on March 11th of the previous year.

SVM Trading at 34.22% from the 50-Day Moving Average

After a stumble in the market that brought SVM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.76% of loss for the given period.

Volatility was left at 4.75%, however, over the last 30 days, the volatility rate increased by 4.34%, as shares surge +39.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +48.71% upper at present.

During the last 5 trading sessions, SVM rose by +11.29%, which changed the moving average for the period of 200-days by +16.55% in comparison to the 20-day moving average, which settled at $2.91. In addition, Silvercorp Metals Inc saw 31.18% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SVM

Current profitability levels for the company are sitting at:

  • 0.28 for the present operating margin
  • 0.38 for the gross margin

The net margin for Silvercorp Metals Inc stands at 0.17. The total capital return value is set at 0.09. Equity return is now at value 6.22, with 4.43 for asset returns.

Based on Silvercorp Metals Inc (SVM), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 247.16. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 237.0.

Currently, EBITDA for the company is 85.93 million with net debt to EBITDA at -1.61. When we switch over and look at the enterprise to sales, we see a ratio of 2.23. The receivables turnover for the company is 353.34for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.73.

Conclusion

To wrap up, the performance of Silvercorp Metals Inc (SVM) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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