34,373 Shares in Silvercorp Metals Inc. (NYSEAMERICAN:SVM) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in Silvercorp Metals Inc. (NYSEAMERICAN:SVM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 34,373 shares of the company’s stock, valued at approximately $103,000.

A number of other large investors also recently modified their holdings of SVM. National Bank of Canada FI grew its holdings in Silvercorp Metals by 5,059.2% in the third quarter. National Bank of Canada FI now owns 399,835 shares of the company’s stock worth $1,747,000 after purchasing an additional 392,085 shares during the period. JPMorgan Chase & Co. raised its stake in Silvercorp Metals by 75.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 618,015 shares of the company’s stock worth $2,701,000 after buying an additional 265,387 shares during the period. Franklin Resources Inc. bought a new position in Silvercorp Metals in the third quarter worth approximately $860,000. Tidal Investments LLC grew its stake in Silvercorp Metals by 2.1% in the third quarter. Tidal Investments LLC now owns 6,412,871 shares of the company’s stock valued at $28,024,000 after acquiring an additional 133,231 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Silvercorp Metals during the third quarter valued at approximately $441,000. 22.30% of the stock is currently owned by institutional investors.

Silvercorp Metals Price Performance

Shares of SVM opened at $3.76 on Friday. The stock has a market cap of $818.63 million, a P/E ratio of 10.44 and a beta of 1.20. The business’s fifty day moving average is $3.65 and its 200 day moving average is $3.69. The company has a quick ratio of 4.35, a current ratio of 4.61 and a debt-to-equity ratio of 0.13. Silvercorp Metals Inc. has a 12-month low of $2.87 and a 12-month high of $5.32.

About Silvercorp Metals

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.