Wall Street Analyst Downgrade Silvercorp Metals Inc. [SVM]. What else is Wall St. saying

Silvercorp Metals Inc. [AMEX: SVM] jumped around 0.62 points on Monday, while shares priced at $5.90 at the close of the session, up 11.74%. The company report on April 29, 2021 that Silvercorp Reports Receipt of Three Exploration Permits and Negotiation of Mining Contracts Renewal at the Ying Mining District.

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Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE American: SVM) announces that the Company has been granted three exploration permits of 48.8 square kilometres in area, covering depth extensions of three mining permits, SGX, HPG, and TLP-LME-LMW, at the Ying Mining District. Previously, the exploration activities underneath the mining permits were covered by a joint venture agreement between the Company and the Department of Natural Resources of Henan Province.

Silvercorp Metals Inc. stock is now -11.81% down from its year-to-date (YTD) trading value. SVM Stock saw the intraday high of $5.94 and lowest of $5.40 per share. The company’s 52-week high price is 8.91, which means current price is +28.82% above from all time high which was touched on 02/01/21.

Compared to the average trading volume of 1.57M shares, SVM reached a trading volume of 3315399 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Silvercorp Metals Inc. [SVM]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SVM shares is $3.52 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SVM stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Alliance Global Partners have made an estimate for Silvercorp Metals Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 20, 2020. The new note on the price target was released on March 11, 2020, representing the official price target for Silvercorp Metals Inc. stock. Previously, the target price had yet another raise from $4.25 to $4.35, while Alliance Global Partners kept a Neutral rating on SVM stock.

The Average True Range (ATR) for Silvercorp Metals Inc. is set at 0.26, with the Price to Sales ratio for SVM stock in the period of the last 12 months amounting to 5.92. The Price to Book ratio for the last quarter was 2.25, with the Price to Cash per share for the same quarter was set at 1.16. Price to Free Cash Flow for SVM in the course of the last twelve months was 13.24 with Quick ratio for the last quarter at 4.10.

How has SVM stock performed recently?

Silvercorp Metals Inc. [SVM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.46. With this latest performance, SVM shares gained by 14.79% in over the last four-week period, additionally sinking by -11.54% over the last 6 months – not to mention a rise of 49.75% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SVM stock in for the last two-week period is set at 61.56, with the RSI for the last a single of trading hit 67.23, and the three-weeks RSI is set at 57.29 for Silvercorp Metals Inc. [SVM]. The present Moving Average for the last 50 days of trading for this stock 5.40, while it was recorded at 5.45 for the last single week of trading, and 6.63 for the last 200 days.

Silvercorp Metals Inc. [SVM]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Silvercorp Metals Inc. [SVM] shares currently have an operating margin of +30.33 and a Gross Margin at +36.84. Silvercorp Metals Inc.’s Net Margin is presently recorded at +21.58.

Return on Total Capital for SVM is now 10.82, given the latest momentum, and Return on Invested Capital for the company is 9.20. Return on Equity for this stock inclined to 9.22, with Return on Assets sitting at 6.48. When it comes to the capital structure of this company, Silvercorp Metals Inc. [SVM] has a Total Debt to Total Equity ratio set at 0.56. Additionally, SVM Total Debt to Total Capital is recorded at 0.56, with Total Debt to Total Assets ending up at 0.40. Long-Term Debt to Equity for the company is recorded at 0.41, with the Long-Term Debt to Total Capital now at 0.41.

Reflecting on the efficiency of the workforce at the company, Silvercorp Metals Inc. [SVM] managed to generate an average of $50,792 per employee. Receivables Turnover for the company is 35.06 with a Total Asset Turnover recorded at a value of 0.30.Silvercorp Metals Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.10 and a Current Ratio set at 4.30.

Earnings analysis for Silvercorp Metals Inc. [SVM]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SVM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Silvercorp Metals Inc. go to 5.00%.

Insider trade positions for Silvercorp Metals Inc. [SVM]

There are presently around $319 million, or 26.80% of SVM stock, in the hands of institutional investors. The top three institutional holders of SVM stocks are: VAN ECK ASSOCIATES CORP with ownership of 20,288,934, which is approximately 6.351% of the company’s market cap and around 3.80% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 5,288,196 shares of the stock with an approximate value of $27.92 million in SVM stocks shares; and MERIAN GLOBAL INVESTORS (UK) LTD, currently with $26.39 million in SVM stock with ownership of nearly New of the company’s market capitalization.

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Positions in Silvercorp Metals Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 60 institutional holders increased their position in Silvercorp Metals Inc. [AMEX:SVM] by around 11,073,101 shares. Additionally, 49 investors decreased positions by around 4,384,206 shares, while 23 investors held positions by with 44,887,068 shares. The mentioned changes placed institutional holdings at 60,344,375 shares, according to the latest SEC report filing. SVM stock had 23 new institutional investments in for a total of 6,098,008 shares, while 13 institutional investors sold positions of 199,075 shares during the same period.

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