Silvercorp Metals Inc (AMEX: SVM)’s stock price has gone rise by 0.93 in comparison to its previous close of 3.78, however, the company has experienced a 10.58% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-03 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.
Is It Worth Investing in Silvercorp Metals Inc (AMEX: SVM) Right Now?
Silvercorp Metals Inc (AMEX: SVM) has a price-to-earnings ratio that is above its average at 22.10x. The stock has a 36-month beta value of 1.21. Opinions on the stock are mixed, 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 at present, short sellers hold a 2.67% of that float. On April 08, 2024, the average trading volume of SVM was 1.68M shares.
SVM’s Market Performance
SVM’s stock has seen a 10.58% increase for the week, with a 39.74% rise in the past month and a 51.99% gain in the past quarter. The volatility ratio for the week is 5.02%, and the volatility levels for the past 30 days are at 4.75% for Silvercorp Metals Inc The simple moving average for the past 20 days is 22.59% for SVM’s stock, with a 46.39% 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 41.43% 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 -9.06% of loss for the given period.
Volatility was left at 4.75%, however, over the last 30 days, the volatility rate increased by 5.02%, as shares surge +39.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +58.12% upper at present.
During the last 5 trading sessions, SVM rose by +10.00%, which changed the moving average for the period of 200-days by +38.00% in comparison to the 20-day moving average, which settled at $3.17. In addition, Silvercorp Metals Inc saw 45.06% 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 2.56. 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 sum up, Silvercorp Metals Inc (SVM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
