Analysts Issue Research Notes On Silvercorp Metals Inc. (SVM)

Silvercorp Metals Inc. (AMEX:SVM) finished Wednesday with an addition of $0.09 to close at $4.12, an upside of 2.23 percent. An average of 856,520 shares of common stock have been traded in the last five days. There was a gain of $0.25 in the past week. The last 20 days have seen an average of 970,490 shares traded, while the 50-day average volume stands at 1,075,646.

SVM stock has decreased by -5.72% in the last month. The company shares reached their 1-month lowest point of $3.64 on 10/05/21. With the stock rallying to its 52-week high on 02/01/21, shares of the company touched a low of $3.64 and a high of $8.55 in 52 weeks. In spite of this, the price is down -51.81% from the 52-week high.


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Valuation Metrics

Silvercorp Metals Inc. (SVM) has a trailing price-to-earnings (P/E) ratio of 16.95, which compares with the 20.90 for the broader industry and 13.61 for the sector. In the last five years, Silvercorp Metals Inc.’s PE ratio has ranged between 39.36 and 7.52. The stock’s beta is 0.95. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.55, the price-to-book (PB) ratio at 1.48, and the price-to-cash flow ratio at 9.09.

The company has a payout ratio of 10.20%.

Silvercorp Metals Inc. will next go ex-dividend on 26-Nov. The next dividend payment Silvercorp Metals Inc. will make is expected to be $0.0125.

The quick ratio of Silvercorp Metals Inc. for the three months ended June 29 was 5.10, and the current ratio was 5.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 50.40% against a 5-year average of 41.7%. Silvercorp Metals Inc.’s EBITDA margin for the year ending June 29 is 49.46%, while its operating margin for the same period stands at 33.50%. Its gross profit as reported stood at $84.16 million compared to revenue of $192.1 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Silvercorp Metals Inc.’s return on assets was 6.60%, compared to 7.7% over the last five years. In the past year, the return on investment has been 12.50%, and the 5-year average is 10.8%. Meanwhile, the return on equity (ROE) for the past 12 months has been 9.30% and the 5-year average holds at 11.5%. For the broader industry, ROE averaged -13.62 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Silvercorp Metals Inc. had $1.09 million in cash. The analyst consensus anticipated Silvercorp Metals Inc.’s latest quarter earnings to come in at $0.08 per share, but it turned out to be $0.09, a 12.50% surprise. For the quarter, EBITDA amounted to $26.48 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Silvercorp Metals Inc. (SVM) price momentum. RSI 9-day as of the close on 13 October was 64.57%, suggesting the stock is Neutral, with historical volatility in this time frame at 23.12%.

As of today, SVM’s price is $3.96 +6.46% or $0.25 from its 5-day moving average. SVM is currently trading -5.72% lower than its 20-day SMA and -32.68% lower than its 100-day SMA. However, the stock’s current price level is -16.26% below the SMA50 and -37.20% below the SMA200.

The stochastic %K and %D were 66.29% and 52.29%, respectively, and the average true range (ATR) was 0.17. With the 14-day stochastic at 81.77% and the average true range at 0.17, the RSI (14) stands at 54.64%. The stock has reached 0.12 on the 9-day MACD Oscillator while the 14-day reading was at 0.13.

Analyst Ratings

Alliance Global Partners downgraded Silvercorp Metals Inc. (AMEX: SVM) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a a Buy.The consensus rating for Silvercorp Metals Inc. (SVM) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell SVM, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.

What is SVM’s price target for the next 12 months?

Analysts predict a range of price targets between $5.21 and $8.78, with a median target of $7.35. Taking a look at these predictions, the average price target given by analysts for Silvercorp Metals Inc. (SVM) stock is $7.36.

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