FY2025 EPS Estimates for Silvercorp Metals Inc. Cut by Roth Capital (NYSEAMERICAN:SVM)

Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) - Stock analysts at Roth Capital reduced their FY2025 earnings estimates for Silvercorp Metals in a research report issued on Wednesday, April 24th. Roth Capital analyst J. Reagor now forecasts that the company will post earnings of $0.28 per share for the year, down from their prior forecast of $0.32. The consensus estimate for Silvercorp Metals' current full-year earnings is $0.20 per share.

Separately, Roth Mkm lowered their target price on shares of Silvercorp Metals from $6.50 to $6.00 and set a "buy" rating on the stock in a report on Wednesday.

Silvercorp Metals Stock Down 6.8 %

Silvercorp Metals stock traded down $0.24 during mid-day trading on Friday, reaching $3.31. 4,789,041 shares of the company's stock were exchanged, compared to its average volume of 1,852,788. Silvercorp Metals has a twelve month low of $2.08 and a twelve month high of $3.98. The firm has a market cap of $586.90 million, a PE ratio of 19.47 and a beta of 1.21.

Silvercorp Metals (NYSEAMERICAN:SVM - Get Free Report) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. Silvercorp Metals had a net margin of 15.01% and a return on equity of 6.96%. The company had revenue of $58.51 million during the quarter, compared to analysts' expectations of $55.10 million.

Institutional Trading of Silvercorp Metals

A number of hedge funds have recently bought and sold shares of the stock. U S Global Investors Inc. lifted its holdings in Silvercorp Metals by 367.1% during the 1st quarter. U S Global Investors Inc. now owns 1,167,700 shares of the company's stock valued at $3,807,000 after purchasing an additional 917,700 shares during the last quarter. Van ECK Associates Corp grew its holdings in Silvercorp Metals by 8.2% during the fourth quarter. Van ECK Associates Corp now owns 9,106,260 shares of the company's stock valued at $23,949,000 after purchasing an additional 693,952 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Silvercorp Metals by 5.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 4,089,582 shares of the company's stock valued at $9,514,000 after purchasing an additional 219,000 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Silvercorp Metals by 2.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,470,766 shares of the company's stock valued at $11,697,000 after purchasing an additional 100,973 shares during the period. Finally, Vontobel Holding Ltd. acquired a new position in Silvercorp Metals during the fourth quarter valued at approximately $260,000. 22.30% of the stock is owned by institutional investors.

About Silvercorp Metals

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.