FY2027 EPS Estimates for Silvercorp Metals Cut by Cormark

Silvercorp Metals Inc. (NYSEAMERICAN:SVM) – Research analysts at Cormark decreased their FY2027 earnings estimates for Silvercorp Metals in a note issued to investors on Monday, November 10th. Cormark analyst N. Dion now forecasts that the company will post earnings of $0.54 per share for the year, down from their prior estimate of $0.56. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Silvercorp Metals’ current full-year earnings is $0.37 per share.

Several other equities research analysts also recently weighed in on the company. Roth Capital set a $8.25 price target on Silvercorp Metals and gave the stock a “buy” rating in a report on Friday, October 3rd. Raymond James Financial restated an “outperform” rating on shares of Silvercorp Metals in a report on Friday, October 10th. Cantor Fitzgerald set a $7.50 target price on shares of Silvercorp Metals and gave the stock an “overweight” rating in a research note on Monday, September 22nd. Finally, Zacks Research downgraded shares of Silvercorp Metals from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 27th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Silvercorp Metals presently has a consensus rating of “Moderate Buy” and a consensus price target of $7.88.

Silvercorp Metals Stock Up 3.8%

NYSEAMERICAN SVM traded up $0.26 on Wednesday, hitting $6.99. The stock had a trading volume of 352,187 shares, compared to its average volume of 5,998,193. The business’s fifty day moving average price is $6.17 and its 200 day moving average price is $4.96. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 26.79 and a beta of 0.86. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.61 and a quick ratio of 4.50. Silvercorp Metals has a 52-week low of $2.87 and a 52-week high of $7.78.

Silvercorp Metals Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be paid a $0.0125 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a dividend yield of 40.0%. Silvercorp Metals’s payout ratio is currently 8.33%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd raised its position in shares of Silvercorp Metals by 419.2% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 7,232 shares of the company’s stock valued at $31,000 after buying an additional 5,839 shares during the period. PNC Financial Services Group Inc. acquired a new position in shares of Silvercorp Metals in the first quarter worth $39,000. EverSource Wealth Advisors LLC raised its position in Silvercorp Metals by 163.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 6,333 shares of the company’s stock valued at $40,000 after purchasing an additional 3,929 shares in the last quarter. Baader Bank Aktiengesellschaft purchased a new position in Silvercorp Metals in the first quarter worth approximately $46,000. Finally, Ballentine Partners LLC acquired a new position in shares of Silvercorp Metals during the second quarter worth $50,000. 22.30% of the stock is owned by hedge funds and other institutional investors.

Silvercorp Metals Company Profile

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.