Atria Wealth Solutions Inc. Makes New Investment in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Atria Wealth Solutions Inc. bought a new stake in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,500 shares of the company’s stock, valued at approximately $62,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stonehage Fleming Financial Services Holdings Ltd raised its stake in Silvercorp Metals by 79.6% in the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 81,730 shares of the company’s stock valued at $245,000 after acquiring an additional 36,230 shares during the period. JPMorgan Chase & Co. raised its position in shares of Silvercorp Metals by 75.3% in the third 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 during the period. DGS Capital Management LLC lifted its stake in shares of Silvercorp Metals by 123.2% during the 3rd 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 in the last quarter. Franklin Resources Inc. bought a new position in Silvercorp Metals in the 3rd quarter worth approximately $860,000. Finally, Tidal Investments LLC grew its stake in Silvercorp Metals by 2.1% in the 3rd quarter. Tidal Investments LLC now owns 6,412,871 shares of the company’s stock valued at $28,024,000 after buying an additional 133,231 shares in the last quarter. 22.30% of the stock is owned by institutional investors.

Silvercorp Metals Stock Performance

NYSEAMERICAN:SVM opened at $3.53 on Monday. Silvercorp Metals Inc. has a 1 year low of $2.38 and a 1 year high of $5.32. The company has a current ratio of 4.61, a quick ratio of 4.35 and a debt-to-equity ratio of 0.13. The firm has a market cap of $768.55 million, a price-to-earnings ratio of 9.81 and a beta of 1.20.

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.