Marshall Wace LLP Acquires Shares of 929,307 Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Marshall Wace LLP acquired a new position in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 929,307 shares of the company's stock, valued at approximately $2,788,000. Marshall Wace LLP owned 0.43% of Silvercorp Metals as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Prudential Financial Inc. acquired a new stake in shares of Silvercorp Metals during the 4th quarter worth approximately $46,000. Atria Wealth Solutions Inc. acquired a new stake in Silvercorp Metals in the fourth quarter worth $62,000. Aigen Investment Management LP increased its stake in Silvercorp Metals by 21.4% in the fourth quarter. Aigen Investment Management LP now owns 31,635 shares of the company's stock valued at $95,000 after purchasing an additional 5,579 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Silvercorp Metals during the fourth quarter valued at about $103,000. Finally, Pictet Asset Management Holding SA raised its holdings in shares of Silvercorp Metals by 9.9% during the fourth quarter. Pictet Asset Management Holding SA now owns 36,327 shares of the company's stock valued at $109,000 after purchasing an additional 3,266 shares during the period. Institutional investors own 22.30% of the company's stock.

Silvercorp Metals Stock Down 1.3 %

Shares of SVM traded down $0.05 during trading hours on Friday, reaching $3.50. The stock had a trading volume of 1,810,644 shares, compared to its average volume of 5,688,596. The company has a market capitalization of $760.93 million, a price-to-earnings ratio of 9.71 and a beta of 1.20. The firm has a 50-day simple moving average of $3.77 and a 200 day simple moving average of $3.70. The company has a current ratio of 4.61, a quick ratio of 4.35 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 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.