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Saturday, June 3, 2023

Make Sure You Stick With Silvercorp Metals Inc. (SVM). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Silvercorp Metals Inc. (SVM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.30%, to $3.37. The Silvercorp Metals Inc. has recorded 4,592 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed SILVERCORP ANNOUNCES NON-BINDING TERM SHEET FOR PROPOSED ACQUISITION OF CELSIUS RESOURCES LIMITED.

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Stocks Info

Silvercorp Metals Inc. is listed on the AMEX in the Basic Materials sector while operating in the Silver industry. At the end of the last regular session, the stock closed at $3.36 and fluctuated between $3.4700 as its day high and $3.3400 as its day low. The current market capitalization of Silvercorp Metals Inc. is $584.27M. A total of 0.97 million shares were traded on the day, compared to an average of 1.28M shares.

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, SVM has seen 9 BUY and 1 SELL insider trades, representing the acquisition of 50,178 and the disposition of 2,000 shares. Over the last 12 months, there were 41 BUYs and 11 SELLs from insiders. Insiders purchased 775,710 shares during that period but sold 974,880.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Silvercorp Metals Inc. pays an annual dividend of $0.03, resulting in a dividend yield of 0.74%, and it has a price to earnings (P/E) ratio of 24.71.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SVM in the last 3 months, the mean price target is $5.59 with high estimates of $8.00 and low estimates of $4.45. In terms of 52-week highs and lows, SVM has a high of $4.20 and a low of $1.99.

As of this writing, SVM has an earnings estimate of $0.03 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.03 per share and a lower estimate of $0.03. The company reported an EPS of $0.04 in the last quarter, which was 33.30% higher than expectations of $0.03.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. SVM’s latest balance sheet shows that the firm has $212.93M in Cash & Short Term Investments as of fiscal 2022. There were $1.26M in debt and $46.04M in liabilities at the time. Its Book Value Per Share was $2.75, while its Total Shareholder’s Equity was $620.11M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SVM is Buy with a score of 4.75.

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