Silvercorp Metals Inc (AMEX: SVM)’s stock price has plunge by -2.04relation to previous closing price of 3.43. Nevertheless, the company has seen a 4.67% surge in its stock price over the last five trading sessions. 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.
Is It Worth Investing in Silvercorp Metals Inc (AMEX: SVM) Right Now?
The price-to-earnings ratio for Silvercorp Metals Inc (AMEX: SVM) is above average at 19.47x, Company’s 36-month beta value is 1.26.Analysts have differing 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 169.28M, and currently, short sellers hold a 1.38% ratio of that floaft. The average trading volume of SVM on May 09, 2024 was 2.07M shares.
SVM’s Market Performance
SVM’s stock has seen a 4.67% increase for the week, with a -10.88% drop in the past month and a 48.02% gain in the past quarter. The volatility ratio for the week is 3.59%, and the volatility levels for the past 30 days are at 5.77% for Silvercorp Metals Inc The simple moving average for the last 20 days is -3.57% for SVM stock, with a simple moving average of 25.87% for the last 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 5.04% 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 -15.58% of loss for the given period.
Volatility was left at 5.77%, however, over the last 30 days, the volatility rate increased by 3.59%, as shares sank -13.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.84% upper at present.
During the last 5 trading sessions, SVM rose by +4.67%, which changed the moving average for the period of 200-days by +8.74% in comparison to the 20-day moving average, which settled at $3.46. In addition, Silvercorp Metals Inc saw 27.76% 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 2.16. 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 a nutshell, Silvercorp Metals Inc (SVM) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
