Prudential Financial Inc. Buys New Position in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Prudential Financial Inc. purchased a new stake in 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 purchased 15,200 shares of the company’s stock, valued at approximately $46,000.

Several other large investors have also bought and sold shares of the stock. Atria Wealth Solutions Inc. bought a new position in shares of Silvercorp Metals during the 4th quarter worth approximately $62,000. Aigen Investment Management LP lifted its holdings in Silvercorp Metals by 21.4% during the fourth quarter. Aigen Investment Management LP now owns 31,635 shares of the company’s stock worth $95,000 after acquiring an additional 5,579 shares during the period. Raymond James Financial Inc. purchased a new position in Silvercorp Metals in the fourth quarter worth $103,000. Pine Valley Investments Ltd Liability Co bought a new position in Silvercorp Metals in the 4th quarter valued at $111,000. Finally, DGS Capital Management LLC grew its stake in Silvercorp Metals by 123.2% in the 3rd quarter. DGS Capital Management LLC now owns 38,980 shares of the company’s stock valued at $170,000 after purchasing an additional 21,514 shares during the period. 22.30% of the stock is currently owned by institutional investors.

Silvercorp Metals Stock Up 5.0 %

SVM opened at $3.76 on Friday. The company’s 50-day moving average price is $3.65 and its two-hundred day moving average price is $3.69. The company has a quick ratio of 4.35, a current ratio of 4.61 and a debt-to-equity ratio of 0.13. Silvercorp Metals Inc. has a twelve month low of $2.87 and a twelve month high of $5.32. The stock has a market cap of $818.63 million, a price-to-earnings ratio of 10.44 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.