Does Silvercorp Metals Inc (SVM) offer a good opportunity for investors?

With 2.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.51 million shares. The 52-week range on SVM shows that it touched its highest point at $4.20 and its lowest point at $2.08 during that stretch. It currently has a 1-year price target of $4.48. With its current market cap of 611.96 million, SVM has annualized dividend of $0.03 while the current yield stands at 0.72%. Beta for the stock currently stands at 1.20.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 up-trending over the past week, with a rise of 11.29%, but this was up by 43.15% over a month. Three-month performance surged to 28.25% while six-month performance rose 46.19%. The stock lost -8.73% in the past year, while it has gained 31.18% so far this year. A look at the trailing 12-month EPS for SVM yields 0.17 with Next year EPS estimates of 0.28. For the next quarter, that number is 0.03. This implies an EPS growth rate of 79.60% for this year and 30.59% 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 -16.09%.

Float and Shares Shorts:

At present, 176.77 million SVM shares are outstanding with a float of 169.34 million shares on hand for trading. On Mar 15, 2024, short shares totaled 4.52 million, which was 2.56% higher than short shares on Feb 15, 2024. In addition to CVM as the firm’s Cel-Sci Corporation, SQM serves as its Sociedad Quimica y Minera S.A.

Institutional Ownership:

Through their ownership of 34.61% of SVM’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SVM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.