Parvin Asset Management LLC acquired a new stake in Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 252,200 shares of the company's stock, valued at approximately $757,000. Parvin Asset Management LLC owned about 0.12% of Silvercorp Metals as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SVM. Prudential Financial Inc. acquired a new stake in Silvercorp Metals in the fourth quarter worth $46,000. Tradition Wealth Management LLC acquired a new position in shares of Silvercorp Metals during the 4th quarter worth about $46,000. Oxford Asset Management LLP acquired a new position in Silvercorp Metals during the fourth quarter valued at approximately $54,000. Atria Wealth Solutions Inc. acquired a new position in Silvercorp Metals during the fourth quarter worth $62,000. Finally, Tudor Investment Corp ET AL bought a new stake in shares of Silvercorp Metals in the 4th quarter valued at about $63,000. 22.30% of the stock is currently owned by institutional investors and hedge funds.
Silvercorp Metals Stock Performance
NYSEAMERICAN SVM traded up $0.05 during trading on Monday, reaching $3.57. 3,554,573 shares of the company's stock were exchanged, compared to its average volume of 3,632,660. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.61 and a quick ratio of 4.35. The business has a 50 day moving average price of $3.77 and a 200-day moving average price of $3.70. The stock has a market capitalization of $776.17 million, a P/E ratio of 9.90 and a beta of 1.20. Silvercorp Metals Inc. has a fifty-two week low of $2.87 and a fifty-two week high of $5.32.
About Silvercorp Metals
(
Free Report)
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.
See Also
Before you consider Silvercorp Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Silvercorp Metals wasn't on the list.
While Silvercorp Metals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
