FY2025 EPS Estimates for Silvercorp Metals Inc. (NYSEAMERICAN:SVM) Lowered by Roth Capital

Silvercorp Metals Inc. (NYSEAMERICAN:SVM) – Research analysts at Roth Capital decreased their FY2025 earnings per share (EPS) estimates for Silvercorp Metals in a research report issued on Wednesday, April 24th. Roth Capital analyst J. Reagor now forecasts that the company will post earnings per share of $0.28 for the year, down from their previous forecast of $0.32. The consensus estimate for Silvercorp Metals’ current full-year earnings is $0.20 per share.

Separately, Roth Mkm lowered their target price on shares of Silvercorp Metals from $6.50 to $6.00 and set a “buy” rating for the company in a report on Wednesday.

Silvercorp Metals Stock Performance

Silvercorp Metals stock traded down $0.21 during trading hours on Friday, hitting $3.34. 1,692,011 shares of the stock traded hands, compared to its average volume of 1,805,492. The stock has a market cap of $592.22 million, a price-to-earnings ratio of 20.88 and a beta of 1.21. Silvercorp Metals has a one year low of $2.08 and a one year high of $3.98.

Silvercorp Metals (NYSEAMERICAN:SVM) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.01. The business had revenue of $58.51 million for the quarter, compared to analysts’ expectations of $55.10 million. Silvercorp Metals had a return on equity of 6.96% and a net margin of 15.01%.

Hedge Funds Weigh In On Silvercorp Metals

Hedge funds have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Silvercorp Metals by 45.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 67,994 shares of the company’s stock valued at $159,000 after purchasing an additional 21,252 shares during the last quarter. Mackenzie Financial Corp boosted its stake in shares of Silvercorp Metals by 0.3% during the third quarter. Mackenzie Financial Corp now owns 1,627,255 shares of the company’s stock valued at $3,679,000 after purchasing an additional 5,524 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Silvercorp Metals by 2.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,369,793 shares of the company’s stock valued at $10,213,000 after acquiring an additional 88,279 shares in the last quarter. Jump Financial LLC boosted its stake in Silvercorp Metals by 103.9% in the third quarter. Jump Financial LLC now owns 139,863 shares of the company’s stock valued at $329,000 after acquiring an additional 71,263 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in Silvercorp Metals by 34.9% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 18,748 shares of the company’s stock valued at $44,000 after acquiring an additional 4,855 shares in the last quarter. 22.30% of the stock is currently 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.