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Wednesday, December 6, 2023

Silvercorp Metals Inc (SVM) Is Not Likely To Be The Same Tomorrow

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Silvercorp Metals Inc (SVM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.08, or 3.72%, to $2.23. The Silvercorp Metals Inc has recorded 35,742 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Silvercorp Declares Semi-Annual Dividend of US$0.0125 Per Share.

Stocks Info

The company is listed on the AMEX and operates within the Silver industry segment. At the end of the last regular session, the stock closed at $2.15 and fluctuated between $2.2199 as its day high and $2.1100 as its day low. The current market capitalization of Silvercorp Metals Inc is $380.16M. A total of 0.99 million shares were traded on the day, compared to an average of 1.25M shares.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Silvercorp Metals Inc pays an annual dividend of $0.03, resulting in a dividend yield of 1.17%, and it has a price to earnings (P/E) ratio of 19.63.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for SVM in the last 3 months, the mean price target is $4.85 with high estimates of $7.75 and low estimates of $3.29. In terms of 52-week highs and lows, SVM has a high of $4.20 and a low of $2.10.

As of this writing, SVM has an earnings estimate of $0.05 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.05 per share and a lower estimate of $0.05.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s 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 $2.73, while its Total Shareholder’s Equity was $620.11M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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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