Silvercorp Metals (SVM) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silvercorp Metals in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SVM shares.
View SVM analyst ratings or view top-rated stocks.

1 brokers have issued 1 year price objectives for Silvercorp Metals' shares. Their SVM share price forecasts range from $2.00 to $2.00. On average, they predict the company's share price to reach $2.00 in the next twelve months. This suggests that the stock has a possible downside of 14.2%.
View analysts price targets for SVM or view top-rated stocks among Wall Street analysts.

Silvercorp Metals' stock was trading at $3.39 at the beginning of 2023. Since then, SVM shares have decreased by 31.3% and is now trading at $2.33.
View the best growth stocks for 2023 here.

Silvercorp Metals saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,330,000 shares, an increase of 37.9% from the August 15th total of 1,690,000 shares. Based on an average trading volume of 1,130,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.4% of the company's stock are short sold.
View Silvercorp Metals' Short Interest.

Silvercorp Metals Inc. (NYSEAMERICAN:SVM) issued its quarterly earnings results on Thursday, August, 10th. The company reported $0.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.07. The company had revenue of $60.01 million for the quarter, compared to the consensus estimate of $58.40 million. Silvercorp Metals had a trailing twelve-month return on equity of 6.30% and a net margin of 9.61%.

Silvercorp Metals announced a semi-annual dividend on Wednesday, May 31st. Investors of record on Monday, June 12th will be paid a dividend of $0.0125 per share on Thursday, June 29th. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, June 9th.
Read our dividend analysis for SVM.

Silvercorp Metals (NYSEAMERICAN:SVM) pays an annual dividend of $0.03 per share and currently has a dividend yield of 1.02%. The dividend payout ratio is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SVM will have a dividend payout ratio of 9.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SVM.

Based on aggregate information from My MarketBeat watchlists, some companies that other Silvercorp Metals investors own include SSR Mining (SSRM), Kinross Gold (KGC), B2Gold (BTG), First Majestic Silver (AG), IAMGOLD (IAG), Yamana Gold (AUY), Fortuna Silver Mines (FSM) and

Silvercorp Metals trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "SVM."

Silvercorp Metals' stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (4.77%), Renaissance Technologies LLC (2.67%), Mirae Asset Global Investments Co. Ltd. (2.42%), Acadian Asset Management LLC (1.78%), Mackenzie Financial Corp (0.92%) and JPMorgan Chase & Co. (0.21%).
View institutional ownership trends.

Shares of SVM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of SVM stock can currently be purchased for approximately $2.33.

Silvercorp Metals (NYSEAMERICAN:SVM) has a market capitalization of $411.99 million and generates $208.13 million in revenue each year. The company earns $20.61 million in net income (profit) each year or $0.11 on an earnings per share basis.

The company employs 1,099 workers across the globe.

Silvercorp Metals' mailing address is 200 Granville St Suite 1378, VANCOUVER, BC V6C 1S4, Canada. The official website for the company is www.silvercorpmetals.com. The company can be reached via phone at (604) 669-9397, via email at investor@silvercorp.ca, or via fax at 604-669-9387.