Silvercorp Metals Inc. (NYSEAMERICAN:SVM) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in Silvercorp Metals Inc. (NYSEAMERICAN:SVM) by 8.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 670,916 shares of the company’s stock after buying an additional 52,901 shares during the quarter. JPMorgan Chase & Co. owned about 0.31% of Silvercorp Metals worth $2,013,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SVM. Prudential Financial Inc. purchased a new stake in shares of Silvercorp Metals in the 4th quarter valued at $46,000. Atria Wealth Solutions Inc. acquired a new position in Silvercorp Metals in the 4th quarter valued at about $62,000. Aigen Investment Management LP increased its stake 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 purchasing an additional 5,579 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Silvercorp Metals during the fourth quarter worth about $103,000. Finally, Pine Valley Investments Ltd Liability Co purchased a new position in shares of Silvercorp Metals in the fourth quarter valued at approximately $111,000. Institutional investors and hedge funds own 22.30% of the company’s stock.

Silvercorp Metals Price Performance

Shares of SVM opened at $3.79 on Friday. 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 fifty-two week low of $2.87 and a fifty-two week high of $5.32. The company has a market cap of $825.16 million, a P/E ratio of 10.53 and a beta of 1.20. The firm’s 50 day moving average price is $3.75 and its 200 day moving average price is $3.70.

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.