Roth Capital Lifts Earnings Estimates for Silvercorp Metals

Silvercorp Metals Inc. (NYSEAMERICAN:SVM) – Roth Capital raised their FY2025 EPS estimates for shares of Silvercorp Metals in a note issued to investors on Thursday, January 16th. Roth Capital analyst J. Reagor now forecasts that the company will post earnings per share of $0.36 for the year, up from their previous forecast of $0.34. The consensus estimate for Silvercorp Metals’ current full-year earnings is $0.34 per share.

Silvercorp Metals (NYSEAMERICAN:SVM) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. The company had revenue of $68.00 million for the quarter, compared to analyst estimates of $67.90 million. Silvercorp Metals had a net margin of 23.07% and a return on equity of 8.12%.

Silvercorp Metals Stock Performance

Shares of SVM opened at $3.08 on Friday. The stock has a market cap of $670.52 million, a price-to-earnings ratio of 10.27 and a beta of 1.20. Silvercorp Metals has a 12 month low of $2.22 and a 12 month high of $5.32.

Institutional Investors Weigh In On Silvercorp Metals

A number of institutional investors have recently modified their holdings of SVM. JPMorgan Chase & Co. boosted its position in shares of Silvercorp Metals by 75.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 618,015 shares of the company’s stock valued at $2,701,000 after purchasing an additional 265,387 shares in the last quarter. DGS Capital Management LLC lifted its stake in Silvercorp Metals by 123.2% in the third quarter. DGS Capital Management LLC now owns 38,980 shares of the company’s stock valued at $170,000 after buying an additional 21,514 shares during the period. Franklin Resources Inc. acquired a new position in Silvercorp Metals in the third quarter valued at approximately $860,000. Tidal Investments LLC boosted its holdings in shares of Silvercorp Metals by 2.1% during the 3rd quarter. Tidal Investments LLC now owns 6,412,871 shares of the company’s stock worth $28,024,000 after buying an additional 133,231 shares in the last quarter. Finally, Virtu Financial LLC grew its position in shares of Silvercorp Metals by 21.1% during the 3rd quarter. Virtu Financial LLC now owns 54,233 shares of the company’s stock worth $237,000 after buying an additional 9,465 shares during the period. 22.30% of the stock is owned by institutional investors.

Silvercorp Metals Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a $0.0125 dividend. This represents a dividend yield of 0.6%. The ex-dividend date was Friday, November 29th. Silvercorp Metals’s dividend payout ratio is currently 10.00%.

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.