Man Group plc Buys 199,342 Shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Man Group plc lifted its stake in Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) by 39.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 703,947 shares of the company's stock after acquiring an additional 199,342 shares during the period. Man Group plc owned 0.32% of Silvercorp Metals worth $2,112,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Tradition Wealth Management LLC acquired a new stake in Silvercorp Metals in the 4th quarter valued at approximately $46,000. Prudential Financial Inc. acquired a new stake in Silvercorp Metals in the 4th quarter valued at approximately $46,000. Oxford Asset Management LLP acquired a new stake in Silvercorp Metals in the 4th quarter valued at approximately $54,000. Atria Wealth Solutions Inc. acquired a new stake in Silvercorp Metals in the 4th quarter valued at approximately $62,000. Finally, Tudor Investment Corp ET AL acquired a new stake in Silvercorp Metals in the 4th quarter valued at approximately $63,000. 22.30% of the stock is owned by institutional investors.

Silvercorp Metals Stock Performance

SVM opened at $3.87 on Friday. The firm has a market capitalization of $842.58 million, a P/E ratio of 10.75 and a beta of 1.20. The stock's 50 day moving average price is $3.75 and its two-hundred day moving average price is $3.70. The company has a quick ratio of 4.35, a current ratio of 4.61 and a debt-to-equity ratio of 0.13. Silvercorp Metals Inc. has a 12-month low of $2.87 and a 12-month high of $5.32.

Silvercorp Metals Company Profile

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.

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