Silvercorp Metals Inc. (NYSEAMERICAN:SVM) Stock Holdings Increased by Creative Planning

Posted by on Oct 27th, 2023

Creative Planning boosted its stake in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM – Free Report) by 77.3% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,132 shares of the company’s stock after purchasing an additional 20,980 shares during the period. Creative Planning’s holdings in Silvercorp Metals were worth $136,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SVM. Barclays PLC raised its stake in shares of Silvercorp Metals by 28.8% during the 4th quarter. Barclays PLC now owns 14,300 shares of the company’s stock worth $42,000 after purchasing an additional 3,200 shares in the last quarter. LPL Financial LLC raised its position in Silvercorp Metals by 4.9% during the second quarter. LPL Financial LLC now owns 102,634 shares of the company’s stock valued at $255,000 after acquiring an additional 4,778 shares in the last quarter. Cubist Systematic Strategies LLC lifted its stake in Silvercorp Metals by 7.1% in the third quarter. Cubist Systematic Strategies LLC now owns 86,737 shares of the company’s stock valued at $202,000 after acquiring an additional 5,723 shares during the last quarter. Credit Suisse AG grew its position in Silvercorp Metals by 3.4% in the fourth quarter. Credit Suisse AG now owns 195,800 shares of the company’s stock worth $580,000 after acquiring an additional 6,447 shares in the last quarter. Finally, DGS Capital Management LLC increased its stake in shares of Silvercorp Metals by 49.4% during the 1st quarter. DGS Capital Management LLC now owns 22,308 shares of the company’s stock worth $85,000 after purchasing an additional 7,377 shares during the last quarter. Institutional investors and hedge funds own 24.82% of the company’s stock.

Silvercorp Metals Stock Down 1.1 %

SVM opened at $2.23 on Friday. The stock has a market cap of $393.42 million, a PE ratio of 20.23 and a beta of 1.03. Silvercorp Metals Inc. has a 52-week low of $2.17 and a 52-week high of $4.20.

Silvercorp Metals (NYSEAMERICAN:SVM – Get Free Report) last issued its quarterly earnings data on Thursday, August 10th. The company reported $0.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.07. Silvercorp Metals had a net margin of 9.61% and a return on equity of 6.30%. The business had revenue of $60.01 million during the quarter, compared to analysts’ expectations of $58.40 million. On average, equities research analysts forecast that Silvercorp Metals Inc. will post 0.29 earnings per share for the current year.

Silvercorp Metals Profile

(Free Report)

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.

Further Reading

Institutional Ownership by Quarter for Silvercorp Metals (NYSEAMERICAN:SVM)

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