Silvercorp Metals Inc (SVM)’s latest performance is not what we had anticipated

On Monday, Silvercorp Metals Inc (AMEX: SVM) opened lower -2.34% from the last session, before settling in for the closing price of $3.42. Price fluctuations for SVM have ranged from $2.22 to $5.32 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 5.29%. Company’s average yearly earnings per share was noted 79.92% at the time writing. With a float of $209.26 million, this company’s outstanding shares have now reached $217.56 million.

The extent of productivity of a business whose workforce counts for 1446 workers is very important to gauge. 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

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 36.18%.

Silvercorp Metals Inc (SVM) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.05) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 79.92% 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 2.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.21. Likewise, its price to free cash flow for the trailing twelve months is 50.55.

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 0.43 in one year’s time.

Technical Analysis of Silvercorp Metals Inc (SVM)

The latest stats from [Silvercorp Metals Inc, SVM] show that its last 5-days average volume of 7.96 million was superior to 2.26 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 17.47%. Additionally, its Average True Range was 0.25.

During the past 100 days, Silvercorp Metals Inc’s (SVM) raw stochastic average was set at 15.92%, which indicates a significant increase from 9.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.31% in the past 14 days, which was higher than the 58.94% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.41, while its 200-day Moving Average is $3.66. Now, the first resistance to watch is $3.37. This is followed by the second major resistance level at $3.40. The third major resistance level sits at $3.43. If the price goes on to break the first support level at $3.30, it is likely to go to the next support level at $3.27. Assuming the price breaks the second support level, the third support level stands at $3.24.

Silvercorp Metals Inc (AMEX: SVM) Key Stats

There are currently 217,562K shares outstanding in the company with a market cap of 1.02 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 68,000 K and its income totaled 17,710 K.