Silvercorp Metals Inc. (NYSEAMERICAN:SVM) Stock Holdings Increased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Silvercorp Metals Inc. (NYSEAMERICAN:SVM – Get Rating) by 27.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,880 shares of the company’s stock after buying an additional 7,383 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Silvercorp Metals were worth $100,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC grew its holdings in shares of Silvercorp Metals by 2,243.1% during the third quarter. Jane Street Group LLC now owns 1,421,855 shares of the company’s stock valued at $3,320,000 after purchasing an additional 1,361,173 shares during the last quarter. Two Sigma Investments LP grew its holdings in shares of Silvercorp Metals by 24.0% during the third quarter. Two Sigma Investments LP now owns 2,619,261 shares of the company’s stock valued at $6,103,000 after purchasing an additional 507,151 shares during the last quarter. Two Sigma Advisers LP grew its holdings in shares of Silvercorp Metals by 14.5% during the third quarter. Two Sigma Advisers LP now owns 2,648,500 shares of the company’s stock valued at $6,171,000 after purchasing an additional 336,100 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Silvercorp Metals by 7.0% in the 1st quarter. Renaissance Technologies LLC now owns 5,068,096 shares of the company’s stock worth $18,365,000 after buying an additional 333,365 shares in the last quarter. Finally, ExodusPoint Capital Management LP bought a new position in Silvercorp Metals in the 3rd quarter worth approximately $608,000. 25.49% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Raymond James increased their price objective on Silvercorp Metals from C$6.15 to C$6.50 in a report on Friday, February 10th.

Silvercorp Metals Price Performance

Shares of SVM stock opened at $3.75 on Wednesday. Silvercorp Metals Inc. has a 12-month low of $1.99 and a 12-month high of $4.20. The company has a market capitalization of $662.89 million, a P/E ratio of 26.79 and a beta of 1.01.

Silvercorp Metals (NYSEAMERICAN:SVM – Get Rating) last released its earnings results on Thursday, February 9th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $58.65 million during the quarter, compared to the consensus estimate of $56.20 million. Silvercorp Metals had a return on equity of 7.08% and a net margin of 11.29%. Equities research analysts forecast that Silvercorp Metals Inc. will post 0.13 EPS for the current fiscal year.

Silvercorp Metals Company Profile

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Silvercorp Metals, Inc is a mining company. It engages in the acquisition, exploration, development, and mining of mineral properties. The firm operates through the following segments: Mining, and Administrative. The Mining segment comprises of the operation in Henan Luoning, Hunan, Guangdong, and other.