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Closing Bell: Silvercorp Metals Inc down on Tuesday (SVM)

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today in trading, Silvercorp Metals Inc shares closed at $4.41 after opening the day at $4.33. prices ranged from a low of $4.31 to a high of $4.46.

The price eased -3.50% from the previous day's close of $4.57.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

Silvercorp Metals Inc traded under SVM on the Toronto Stock Exchange (TSX).

A total of 399,394 shares was traded during the last trading day, with total trades of 1,612, with an average volume of 520,013 in the last five days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, SVM.TO has traded as high as $5.98 (May 28,2024) and low as $2.88 (November 13,2023). Moreover, the shares have advanced 14.25 percent in 52 weeks, while they have boosted 27.83% since the start of 2024.

It announced a 0.01 dividend on May 27/24, with an June 07/24 ex-date and June 27/24 pay day.

Following today's trading, Silvercorp Metals Inc has a market capitalization of $1.02 billion on a float of 223,271 shares outstanding. Its annual EPS is $0.20.

Silvercorp Metals Inc is a TSX Silver company headquartered in Vancouver, CAN.

Currently, Silvercorp Metals Inc's consensus rating is "Moderate Buy" based on 4 analysts according to Zacks. Currently, there are 3 buy ratings and 1 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..