Is Silvercorp Metals Inc (SVM) positioned for future growth?

With 1.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.75 million shares. During the session, the Silver company that operates in wider Basic Materials sector, reached to the highest price of $3.2 whereas the lowest price it dropped to was $3.1. The 52-week range on SVM shows that it touched its highest point at $5.32 and its lowest point at $2.22 during that stretch. It currently has a 1-year price target of $5.47. With its current market cap of 683.14 million, SVM has annualized dividend of $0.03 while the current yield stands at 0.80%. SVM paid its most recent dividend on 1717718400, while the ex-dividend date for that was 1732838400. Beta for the stock currently stands at 1.19.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SVM was down-trending over the past week, with a drop of -4.56%, but this was down by -29.28% over a month. Three-month performance dropped to -5.42% while six-month performance fell -10.80%. The stock gained 15.44% in the past year, while it has gained 19.39% so far this year. A look at the trailing 12-month EPS for SVM yields 0.30 with Next year EPS estimates of 0.43. For the next quarter, that number is 0.10. This implies an EPS growth rate of 79.92% for this year and 13.36% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.75%.

Float and Shares Shorts:

At present, 216.93 million SVM shares are outstanding with a float of 209.25 million shares on hand for trading. On 2024-11-15, short shares totaled 6.91 million, which was 318.0 higher than short shares on 1728950400. In addition to Dr. Rui Feng Ph.D. as the firm’s Chairman & CEO, Mr. Lon Eric Shaver B.Com., C.F.A. serves as its President.

Institutional Ownership:

Through their ownership of 0.40791 of SVM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SVM reported revenue of $68003000.0 and operating income of $25404000.0. The EBITDA in the recently reported quarter was $34191000.0 and diluted EPS was $0.09.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SVM since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SVM analysts setting a high price target of 6.0 and a low target of 6.0, the average target price over the next 12 months is 6.0. Based on these targets, SVM could surge 91.08% to reach the target high and rise by 91.08% to reach the target low. Reaching the average price target will result in a growth of 91.08% from current levels.

Analysts have provided yearly estimates in a range of $0.23478 being high and $0.20055 being low. For SVM, this leads to a yearly average estimate of $0.2111. The surprise factor in the prior quarter was $0.1. Based on analyst estimates, the high estimate for the next quarter is $0.1 and the low estimate is $0.08. The average estimate for the next quarter is thus $0.09.