DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Sells 200,000 Shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main trimmed its stake in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM - Free Report) by 8.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,300,000 shares of the company's stock after selling 200,000 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned approximately 1.06% of Silvercorp Metals worth $6,900,000 at the end of the most recent reporting period.

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

Silvercorp Metals Stock Down 5.7%

Shares of SVM traded down $0.22 on Monday, hitting $3.62. The company's stock had a trading volume of 5,376,167 shares, compared to its average volume of 3,732,135. The firm's fifty day moving average price is $3.77 and its 200-day moving average price is $3.70. Silvercorp Metals Inc. has a fifty-two week low of $2.87 and a fifty-two week high of $5.32. The company has a quick ratio of 4.35, a current ratio of 4.61 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $788.15 million, a price-to-earnings ratio of 10.06 and a beta of 1.20.

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.