Tidal Investments LLC Acquires 1,143,210 Shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Tidal Investments LLC lifted its position in Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) by 17.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,556,081 shares of the company's stock after buying an additional 1,143,210 shares during the quarter. Tidal Investments LLC owned about 3.47% of Silvercorp Metals worth $22,668,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Prudential Financial Inc. bought a new position in Silvercorp Metals in the fourth quarter worth $46,000. Tradition Wealth Management LLC bought a new position in shares of Silvercorp Metals during the 4th quarter worth about $46,000. Oxford Asset Management LLP bought a new position in shares of Silvercorp Metals during the 4th quarter worth about $54,000. Atria Wealth Solutions Inc. acquired a new stake in shares of Silvercorp Metals during the 4th quarter valued at about $62,000. Finally, Tudor Investment Corp ET AL bought a new stake in Silvercorp Metals in the fourth quarter valued at about $63,000. 22.30% of the stock is owned by institutional investors.

Silvercorp Metals Price Performance

Shares of Silvercorp Metals stock traded down $0.04 during midday trading on Thursday, hitting $3.87. 5,638,440 shares of the company were exchanged, compared to its average volume of 3,856,423. The firm has a market cap of $842.58 million, a P/E ratio of 10.75 and a beta of 1.20. The firm has a 50 day simple moving average of $3.75 and a 200-day simple moving average of $3.70. Silvercorp Metals Inc. has a 52 week low of $2.87 and a 52 week high of $5.32. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.61 and a quick ratio of 4.35.

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.