Y Intercept Hong Kong Ltd Makes New $187,000 Investment in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Y Intercept Hong Kong Ltd acquired a new stake in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 62,246 shares of the company’s stock, valued at approximately $187,000.

Other institutional investors have also modified their holdings of the company. Quantbot Technologies LP purchased a new position in shares of Silvercorp Metals during the 3rd quarter worth about $682,000. Franklin Resources Inc. purchased a new position in shares of Silvercorp Metals during the third quarter valued at approximately $860,000. Barclays PLC grew its stake in shares of Silvercorp Metals by 2,712.3% during the third quarter. Barclays PLC now owns 44,997 shares of the company’s stock valued at $197,000 after buying an additional 43,397 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Silvercorp Metals by 75.3% during the third quarter. JPMorgan Chase & Co. now owns 618,015 shares of the company’s stock valued at $2,701,000 after buying an additional 265,387 shares during the last quarter. Finally, XTX Topco Ltd raised its holdings in shares of Silvercorp Metals by 1,092.1% in the third quarter. XTX Topco Ltd now owns 216,511 shares of the company’s stock worth $946,000 after buying an additional 198,349 shares during the period. 22.30% of the stock is owned by institutional investors.

Silvercorp Metals Stock Up 7.8 %

SVM opened at $3.86 on Thursday. The firm’s fifty day simple moving average is $3.23. The stock has a market cap of $840.40 million, a PE ratio of 10.72 and a beta of 1.20. The company has a current ratio of 4.61, a quick ratio of 4.35 and a debt-to-equity ratio of 0.13. Silvercorp Metals Inc. has a 52-week low of $2.63 and a 52-week 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.