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Monday, December 4, 2023

Is Silvercorp Metals Inc (AMEX: SVM) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Silvercorp Metals Inc (SVM) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.05, or -2.14%, to $2.23. The Silvercorp Metals Inc has recorded 29,462 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Silvercorp Declares Semi-Annual Dividend of US$0.0125 Per Share.

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Stocks Info

This AMEX-listed company operates within the Silver industry segment, falling under the Basic Materials sector. At the end of the last regular session, the stock closed at $2.28 and fluctuated between $2.3000 as its day high and $2.1600 as its day low. The current market capitalization of Silvercorp Metals Inc is $403.15M. A total of 1.31 million shares were traded on the day, compared to an average of 1.23M shares.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Silvercorp Metals Inc pays an annual dividend of $0.02, resulting in a dividend yield of 1.08%, and it has a price to earnings (P/E) ratio of 12.62.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for SVM in the last 3 months, the mean price target is $4.58 with high estimates of $6.50 and low estimates of $3.25. In terms of 52-week highs and lows, SVM has a high of $4.20 and a low of $2.08.

As of this writing, SVM has an earnings estimate of $0.07 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.07 per share and a lower estimate of $0.07. The company reported an EPS of $0.05 in the last quarter, which was -28.60% lower than expectations of $0.07.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $2.77, while its Total Shareholder’s Equity was $620.11M.

Analysts Opinion

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. 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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