Eschler Asset Management LLP Has $262,000 Stock Holdings in Silvercorp Metals Inc. $SVM

Key Points

• Eschler Asset Management cut its position in Silvercorp Metals by 82.6% in Q3, selling 196,827 shares and ending the period with 41,502 shares valued at $262,000.
• BNP Paribas Financial Markets massively increased its stake—up 3,595.5%—to 1,089,513 shares (~$6.89M), and overall institutional ownership in SVM is about 22.3%.
• SVM traded near $11.54 (1‑year range $3.15–$14.00) with a $2.55B market cap, and analysts hold a consensus rating of "Moderate Buy" with a $9.25 average price target.

Eschler Asset Management LLP lowered its position in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) by 82.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,502 shares of the company's stock after selling 196,827 shares during the quarter. Eschler Asset Management LLP's holdings in Silvercorp Metals were worth $262,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets raised its holdings in shares of Silvercorp Metals by 3,595.5% in the third quarter. BNP Paribas Financial Markets now owns 1,089,513 shares of the company's stock valued at $6,886,000 after purchasing an additional 1,060,031 shares during the last quarter. Mackenzie Financial Corp boosted its holdings in Silvercorp Metals by 12.4% during the third quarter. Mackenzie Financial Corp now owns 122,710 shares of the company's stock worth $774,000 after purchasing an additional 13,577 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in Silvercorp Metals in the third quarter valued at $57,000. Russell Investments Group Ltd. grew its position in Silvercorp Metals by 1,101.1% in the third quarter. Russell Investments Group Ltd. now owns 71,852 shares of the company's stock valued at $453,000 after purchasing an additional 65,870 shares in the last quarter. Finally, Crabel Capital Management LLC acquired a new stake in Silvercorp Metals in the 3rd quarter valued at $158,000. 22.30% of the stock is owned by institutional investors.

Silvercorp Metals Price Performance

SVM stock opened at $11.54 on Friday. Silvercorp Metals Inc. has a one year low of $3.15 and a one year high of $14.00. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of -164.83 and a beta of 0.92. The company has a fifty day moving average price of $11.24 and a two-hundred day moving average price of $8.29.

Analyst Ratings Changes

SVM has been the topic of several analyst reports. Roth Mkm set a $11.00 price target on shares of Silvercorp Metals in a research report on Tuesday, February 10th. Raymond James Financial restated an "outperform" rating on shares of Silvercorp Metals in a report on Wednesday, January 14th. Finally, BMO Capital Markets reaffirmed an "outperform" rating on shares of Silvercorp Metals in a research report on Friday, January 16th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Silvercorp Metals presently has an average rating of "Moderate Buy" and a consensus price target of $9.25.

Silvercorp Metals Company Profile

Silvercorp Metals Inc is a Canadian-based precious metals company engaged in silver, lead and zinc production. The company's core operations are located in the provinces of Henan and Guangxi in the People's Republic of China, where it operates several underground mining and milling facilities. Silvercorp focuses on low‐cost, high‐grade silver projects, producing concentrates that are sold to smelting partners under long‐term offtake arrangements.

The company's principal assets include the Ying Mining District in Henan Province, which hosts multiple sub‐district mines, and the GC and HPG silver‐lead‐zinc projects in Guangxi Province.

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