1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership cut its stake in Silvercorp Metals Inc. ( NYSEAMERICAN:SVM – Free Report ) by 17.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC.
The institutional investor owned 3,092,843 shares of the company’s stock after selling 664,691 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Silvercorp Metals were worth $9,283,000 at the end of the most recent quarter. Other hedge funds also recently made changes to their positions in the company.
Zacks Investment Management purchased a new position in Silvercorp Metals during the third quarter valued at approximately $46,000. Prudential Financial Inc. purchased a new position in shares of Silvercorp Metals during the 4th quarter valued at $46,000.
Atria Wealth Solutions Inc. purchased a new position in shares of Silvercorp Metals during the 4th quarter valued at $62,000. Aigen Investment Management LP increased its holdings in shares of Silvercorp Metals by 21.
4% in the fourth quarter. Aigen Investment Management LP now owns 31,635 shares of the company’s stock worth $95,000 after purchasing an additional 5,579 shares during the period. Finally, Raymond James Financial Inc.
purchased a new stake in shares of Silvercorp Metals in the fourth quarter worth $103,000. 22.30% of the stock is currently owned by hedge funds and other institutional investors.
Silvercorp Metals Stock Performance NYSEAMERICAN:SVM opened at $3.32 on Monday. Silvercorp Metals Inc.
has a 52-week low of $2.87 and a 52-week high of $5.32.
The company’s fifty day simple moving average is $3.59. The company has a quick ratio of 4.
35, a current ratio of 4.61 and a debt-to-equity ratio of 0.13.
The company has a market capitalization of $722.83 million, a price-to-earnings ratio of 9.22 and a beta of 1.
20. 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. See Also Want to see what other hedge funds are holding SVM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Silvercorp Metals Inc.
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