Silvercorp Metals Inc (NYSEAMERICAN: SVM) stock enjoyed a major increase of 10.4% on 9/12/24. The shares closed at $3.73. Moreover, this advance was accompanied by exceptionally high trading volume at 200% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 6.9% 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 66 and a very high Power Rating of 97, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive 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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