Silvercorp Metals Inc. (NYSEAMERICAN:SVM) Shares Acquired by Barclays PLC

Barclays PLC lifted its holdings in Silvercorp Metals Inc. (NYSEAMERICAN:SVM) by 2,712.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,997 shares of the company’s stock after acquiring an additional 43,397 shares during the quarter. Barclays PLC’s holdings in Silvercorp Metals were worth $197,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Blue Trust Inc. grew its position in Silvercorp Metals by 563.7% during the 3rd quarter. Blue Trust Inc. now owns 6,624 shares of the company’s stock worth $29,000 after purchasing an additional 5,626 shares during the period. Capital Performance Advisors LLP acquired a new stake in Silvercorp Metals during the third quarter worth about $32,000. Zacks Investment Management purchased a new position in Silvercorp Metals during the third quarter valued at approximately $46,000. International Assets Investment Management LLC acquired a new position in Silvercorp Metals in the third quarter valued at approximately $46,000. Finally, Signaturefd LLC boosted its position in Silvercorp Metals by 54.7% in the 3rd quarter. Signaturefd LLC now owns 13,112 shares of the company’s stock worth $57,000 after purchasing an additional 4,635 shares in the last quarter. Hedge funds and other institutional investors own 22.30% of the company’s stock.

Silvercorp Metals Stock Down 0.7 %

NYSEAMERICAN:SVM opened at $3.05 on Tuesday. Silvercorp Metals Inc. has a 1-year low of $2.22 and a 1-year high of $5.32. The company has a market cap of $663.56 million, a PE ratio of 10.17 and a beta of 1.20.

Silvercorp Metals (NYSEAMERICAN:SVM) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Silvercorp Metals had a net margin of 23.07% and a return on equity of 8.12%. The business had revenue of $68.00 million during the quarter, compared to the consensus estimate of $67.90 million. Analysts expect that Silvercorp Metals Inc. will post 0.34 earnings per share for the current fiscal year.

Silvercorp Metals Cuts Dividend

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

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.