Silvercorp Metals Inc (AMEX: SVM) on Monday, soared 4.87% from the previous trading day, before settling in for the closing price of $3.90. Within the past 52 weeks, SVM’s price has moved between $2.22 and $5.32.
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Annual sales at Basic Materials sector company grew by 5.29% over the past five years. The company achieved an average annual earnings per share of 80.03%. With a float of $209.27 million, this company’s outstanding shares have now reached $217.56 million.
Let’s look at the performance matrix of the company that is accounted for 1446 employees. In terms of profitability, gross margin is 42.92%, operating margin of 36.78%, and the pretax margin is 38.2%.
Silvercorp Metals Inc (SVM) Insider Updates
Observing investor behavior towards Silver industry stocks is more important than anything else. The insider ownership of Silvercorp Metals Inc is 3.81%, while institutional ownership is 36.29%.
Silvercorp Metals Inc (SVM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 80.03% 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
Silvercorp Metals Inc (SVM) is currently performing well based on its current performance indicators. A quick ratio of 2.79 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.06. Likewise, its price to free cash flow for the trailing twelve months is 60.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.10 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 3.92 million, a positive change from its year-to-date volume of 2.13 million. As of the previous 9 days, the stock’s Stochastic %D was 22.17%. Additionally, its Average True Range was 0.23.
During the past 100 days, Silvercorp Metals Inc’s (SVM) raw stochastic average was set at 47.77%, which indicates a significant increase from 24.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.46% in the past 14 days, which was higher than the 54.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.43, while its 200-day Moving Average is $3.63. Nevertheless, the first resistance level for the watch stands at $4.15 in the near term. At $4.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.28. If the price goes on to break the first support level at $4.02, it is likely to go to the next support level at $3.95. Assuming the price breaks the second support level, the third support level stands at $3.89.
Silvercorp Metals Inc (AMEX: SVM) Key Stats
Market capitalization of the company is 1.22 billion based on 216,926K outstanding shares. Right now, sales total 215,190 K and income totals 36,310 K. The company made 68,000 K in profit during its latest quarter, and 17,710 K in sales during its previous quarter.
