DGS Capital Management LLC Has $54,000 Stock Position in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

DGS Capital Management LLC lessened its stake in Silvercorp Metals Inc. (NYSEAMERICAN:SVM) by 53.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,127 shares of the company’s stock after selling 20,853 shares during the quarter. DGS Capital Management LLC’s holdings in Silvercorp Metals were worth $54,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Van ECK Associates Corp grew its position in shares of Silvercorp Metals by 153.8% in the 3rd quarter. Van ECK Associates Corp now owns 22,110,781 shares of the company’s stock valued at $105,689,000 after acquiring an additional 13,399,851 shares during the period. National Bank of Canada FI grew its holdings in Silvercorp Metals by 5,059.2% during the third quarter. National Bank of Canada FI now owns 399,835 shares of the company’s stock worth $1,747,000 after purchasing an additional 392,085 shares during the period. JPMorgan Chase & Co. increased its position in Silvercorp Metals by 75.3% during the third quarter. JPMorgan Chase & Co. now owns 618,015 shares of the company’s stock worth $2,701,000 after buying an additional 265,387 shares during the last quarter. Northwest & Ethical Investments L.P. bought a new stake in Silvercorp Metals in the third quarter valued at approximately $887,000. Finally, XTX Topco Ltd lifted its position in shares of Silvercorp Metals by 1,092.1% in the third quarter. XTX Topco Ltd now owns 216,511 shares of the company’s stock valued at $946,000 after buying an additional 198,349 shares during the last quarter. Institutional investors own 22.30% of the company’s stock.

Silvercorp Metals Price Performance

Shares of Silvercorp Metals stock opened at $3.12 on Monday. Silvercorp Metals Inc. has a 1 year low of $2.22 and a 1 year high of $5.32. The firm has a market cap of $679.29 million, a price-to-earnings ratio of 10.40 and a beta of 1.20.

Silvercorp Metals (NYSEAMERICAN:SVM) last posted its earnings results on Thursday, November 7th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. The company had revenue of $68.00 million for the quarter, compared to the consensus estimate of $67.90 million. Silvercorp Metals had a return on equity of 8.12% and a net margin of 23.07%. On average, sell-side analysts forecast that Silvercorp Metals Inc. will post 0.36 EPS for the current fiscal year.

Silvercorp Metals Cuts Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.0125 per share. This represents a yield of 0.6%. The ex-dividend date of this dividend was Friday, November 29th. Silvercorp Metals’s dividend payout ratio is currently 10.00%.

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.