Extremely important negative changes in investment behavior have recently occurred for Silvercorp Metals Inc (NYSEAMERICAN: SVM): negative upside/downside volume developed, and its shorter term price trend turned down.
Silvercorp Metals Inc (NYSEAMERICAN: SVM). Notable negative changes in fundamentals have recently occurred: the consensus estimate for March, 2024 decreased significantly, and the consensus estimate for March, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
SVM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Silvercorp Metals has a current Value Trend Rating of A (Highest Rating). This VT Rating improved modestly in recent days from B previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Silvercorp Metals has a slightly positive Appreciation Score of 62 and a good Power Rating of 83, with the Highest Value Trend Rating the result.
Recent Price Action
Silvercorp Metals Inc (NYSEAMERICAN: SVM) stock closed at $3.48 on 6/14/24 after an increase of 1.5%. However, trading volume in this advance was unusually low at 64% of normal. The stock has declined -8.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
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