On 11/8/24, Silvercorp Metals Inc (NYSEAMERICAN: SVM) stock suffered a major decline of -10.0%, closing at $4.13. Moreover, this decline was accompanied by above average trading volume at 139% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -11.9% during the last week.
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 rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Silvercorp Metals has a slightly positive Appreciation Score of 65 and a very high Power Rating of 92, producing the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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