6 days Ago By ABMN Staff
Legal & General Group Plc raised its holdings in shares of Silvercorp Metals Inc. ( NYSEAMERICAN:SVM – Free Report ) by 3.0% during the fourth quarter, HoldingsChannel reports.
The institutional investor owned 195,613 shares of the company’s stock after acquiring an additional 5,765 shares during the quarter. Legal & General Group Plc’s holdings in Silvercorp Metals were worth $588,000 at the end of the most recent quarter. Several other institutional investors also recently bought and sold shares of the business.
Prudential Financial Inc. acquired a new position in Silvercorp Metals during the 4th quarter worth approximately $46,000. Atria Wealth Solutions Inc.
acquired a new position in shares of Silvercorp Metals during the fourth quarter worth $62,000. Aigen Investment Management LP boosted its stake in shares of Silvercorp Metals by 21.4% in the fourth quarter.
Aigen Investment Management LP now owns 31,635 shares of the company’s stock valued at $95,000 after purchasing an additional 5,579 shares during the period. Raymond James Financial Inc. acquired a new stake in Silvercorp Metals during the 4th quarter valued at $103,000.
Finally, Pictet Asset Management Holding SA increased its stake in Silvercorp Metals by 9.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 36,327 shares of the company’s stock worth $109,000 after buying an additional 3,266 shares during the period.
22.30% of the stock is currently owned by hedge funds and other institutional investors. Silvercorp Metals Stock Performance NYSEAMERICAN:SVM opened at $3.
76 on Tuesday. The firm has a 50-day moving average of $3.76 and a two-hundred day moving average of $3.
70. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.
61 and a quick ratio of 4.35. The stock has a market cap of $818.
63 million, a P/E ratio of 10.44 and a beta of 1.20.
Silvercorp Metals Inc. has a 1-year low of $2.87 and a 1-year 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. Featured Articles Want to see what other hedge funds are holding SVM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Silvercorp Metals Inc.
( NYSEAMERICAN:SVM – Free Report ). Receive News & Ratings for Silvercorp Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silvercorp Metals and related companies with MarketBeat.com's FREE daily email newsletter .
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