Vontobel Holding Ltd. Makes New Investment in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Vontobel Holding Ltd. purchased a new position in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 100,000 shares of the company’s stock, valued at approximately $260,000. Vontobel Holding Ltd. owned 0.06% of Silvercorp Metals at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC grew its stake in shares of Silvercorp Metals by 34.9% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 18,748 shares of the company’s stock valued at $44,000 after buying an additional 4,855 shares during the period. Mackenzie Financial Corp grew its stake in shares of Silvercorp Metals by 0.3% in the 3rd quarter. Mackenzie Financial Corp now owns 1,627,255 shares of the company’s stock valued at $3,679,000 after buying an additional 5,524 shares during the period. Evergreen Capital Management LLC acquired a new stake in shares of Silvercorp Metals in the 3rd quarter valued at about $39,000. Aigen Investment Management LP grew its stake in shares of Silvercorp Metals by 115.1% in the 3rd quarter. Aigen Investment Management LP now owns 36,248 shares of the company’s stock valued at $85,000 after buying an additional 19,398 shares during the period. Finally, PEAK6 Investments LLC acquired a new stake in shares of Silvercorp Metals in the 3rd quarter valued at about $46,000. 22.30% of the stock is currently owned by institutional investors and hedge funds.

Silvercorp Metals Price Performance

Shares of SVM opened at $3.54 on Wednesday. The stock has a market capitalization of $626.79 million, a PE ratio of 14.91 and a beta of 1.21. Silvercorp Metals Inc. has a one year low of $2.08 and a one year high of $3.98.

Silvercorp Metals (NYSEAMERICAN:SVM) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $58.51 million during the quarter, compared to the consensus estimate of $55.10 million. Silvercorp Metals had a return on equity of 6.96% and a net margin of 15.01%. On average, sell-side analysts forecast that Silvercorp Metals Inc. will post 0.19 earnings per share for the current fiscal year.

Silvercorp Metals 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.