In the past week, SVM stock has gone down by -6.61%, with a monthly gain of 23.86% and a quarterly surge of 50.21%. The volatility ratio for the week is 7.77%, and the volatility levels for the last 30 days are 5.66% for Silvercorp Metals Inc. The simple moving average for the past 20 days is 6.34% for SVM’s stock, with a 34.39% simple moving average for the past 200 days.
Is It Worth Investing in Silvercorp Metals Inc (AMEX: SVM) Right Now?
Silvercorp Metals Inc (AMEX: SVM) has a price-to-earnings ratio of 20.45x that is above its average ratio. Additionally, the 36-month beta value for SVM is 1.21. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SVM is 169.34M and currently, short sellers hold a 2.01% ratio of that float. The average trading volume of SVM on April 15, 2024 was 1.77M shares.
SVM) stock’s latest price update
Silvercorp Metals Inc (AMEX: SVM) has experienced a decline in its stock price by -7.11 compared to its previous closing price of 3.80. However, the company has seen a fall of -6.61% in its stock price over the last five trading days. MarketBeat reported 2024-04-10 that Silver has surged impressively, defying expectations amidst a buoyant economic landscape and optimistic market sentiments. Its recent rally showcases an upward trajectory, with Silver Futures currently trading at $28.09 per ounce, marking an impressive 17% increase year-to-date from the starting point of $23.95.
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 25.71% 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 -15.85% of loss for the given period.
Volatility was left at 5.66%, however, over the last 30 days, the volatility rate increased by 7.77%, as shares surge +25.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +48.95% upper at present.
During the last 5 trading sessions, SVM fell by -6.61%, which changed the moving average for the period of 200-days by +23.86% in comparison to the 20-day moving average, which settled at $3.36. In addition, Silvercorp Metals Inc saw 34.22% 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 2.3. 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
In conclusion, Silvercorp Metals Inc (SVM) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
