LOM Asset Management Ltd Acquires Shares of 157,000 Silvercorp Metals Inc. $SVM

Key Points

• LOM Asset Management acquired a new stake of 157,000 shares in Silvercorp Metals in Q4, valued at about $1.31 million and representing roughly 0.07% ownership.
• Analysts hold a generally positive view — Silvercorp has a consensus rating of "Moderate Buy" (four Buys, two Holds) with an average target price of $9.25 and individual targets up to $11.00.
• Silvercorp is trading around $11.79 with a 50-day/200-day moving average of $11.18/$9.17, a market cap of $2.6 billion, and institutional ownership near 22.3%.

LOM Asset Management Ltd acquired a new stake in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 157,000 shares of the company's stock, valued at approximately $1,309,000. LOM Asset Management Ltd owned about 0.07% of Silvercorp Metals as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of SVM. EverSource Wealth Advisors LLC lifted its position in Silvercorp Metals by 163.4% during the third quarter. EverSource Wealth Advisors LLC now owns 6,333 shares of the company's stock valued at $40,000 after purchasing an additional 3,929 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in Silvercorp Metals during the third quarter valued at $57,000. SeaCrest Wealth Management LLC bought a new position in Silvercorp Metals during the third quarter valued at $67,000. Merit Financial Group LLC bought a new position in Silvercorp Metals during the third quarter valued at $88,000. Finally, Brady Martz Wealth Solutions LLC bought a new position in Silvercorp Metals during the fourth quarter valued at $95,000. Institutional investors own 22.30% of the company's stock.

Wall Street Analysts Forecast Growth

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

Silvercorp Metals Trading Up 2.5%

Silvercorp Metals stock opened at $11.79 on Tuesday. The firm has a 50-day moving average price of $11.18 and a 200-day moving average price of $9.17. The firm has a market capitalization of $2.60 billion, a PE ratio of -168.40 and a beta of 1.09. Silvercorp Metals Inc. has a 12-month low of $3.48 and a 12-month high of $14.00.

About Silvercorp Metals

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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