On Monday, Silvercorp Metals Inc (AMEX: SVM) opened higher 4.27% from the last session, before settling in for the closing price of $4.68. Price fluctuations for SVM have ranged from $2.08 to $5.32 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 5.29% over the past five years. Company’s average yearly earnings per share was noted 77.07% at the time writing. With a float of $208.25 million, this company’s outstanding shares have now reached $216.50 million.
Let’s look at the performance matrix of the company that is accounted for 1446 employees. In terms of profitability, gross margin is 40.85%, operating margin of 33.62%, and the pretax margin is 35.79%.
Silvercorp Metals Inc (SVM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Silver industry is another important factor to consider. The insider ownership of Silvercorp Metals Inc is 3.81%, while institutional ownership is 28.68%.
Silvercorp Metals Inc (SVM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 77.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -2.75% drop over the previous five years of trading.
Silvercorp Metals Inc (AMEX: SVM) Trading Performance Indicators
Check out the current performance indicators for Silvercorp Metals Inc (SVM). In the past quarter, the stock posted a quick ratio of 3.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.65. Likewise, its price to free cash flow for the trailing twelve months is 27.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.38 in one year’s time.
Technical Analysis of Silvercorp Metals Inc (SVM)
Silvercorp Metals Inc (AMEX: SVM) saw its 5-day average volume 3.48 million, a positive change from its year-to-date volume of 2.03 million. As of the previous 9 days, the stock’s Stochastic %D was 18.84%. Additionally, its Average True Range was 0.24.
During the past 100 days, Silvercorp Metals Inc’s (SVM) raw stochastic average was set at 81.32%, which indicates a significant increase from 44.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.94% in the past 14 days, which was lower than the 52.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.24, while its 200-day Moving Average is $3.48. Nevertheless, the first resistance level for the watch stands at $5.02 in the near term. At $5.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.35. If the price goes on to break the first support level at $4.69, it is likely to go to the next support level at $4.51. The third support level lies at $4.36 if the price breaches the second support level.
Silvercorp Metals Inc (AMEX: SVM) Key Stats
There are currently 177,673K shares outstanding in the company with a market cap of 1.06 billion. Presently, the company’s annual sales total 215,190 K according to its annual income of 36,310 K. Last quarter, the company’s sales amounted to 72,170 K and its income totaled 21,940 K.
