Swiss National Bank Has $1.29 Million Stock Holdings in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Swiss National Bank raised its stake in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM) by 5.6% during the fourth quarter, Holdings Channel reports. The firm owned 428,500 shares of the company’s stock after buying an additional 22,800 shares during the period. Swiss National Bank’s holdings in Silvercorp Metals were worth $1,287,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SVM. Aigen Investment Management LP raised its stake 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 valued at $95,000 after acquiring an additional 5,579 shares during the last quarter. Virtu Financial LLC grew its holdings in shares of Silvercorp Metals by 21.1% during the third quarter. Virtu Financial LLC now owns 54,233 shares of the company’s stock worth $237,000 after purchasing an additional 9,465 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Silvercorp Metals by 11.1% in the third quarter. Geode Capital Management LLC now owns 100,795 shares of the company’s stock valued at $439,000 after buying an additional 10,085 shares in the last quarter. Zacks Investment Management bought a new position in shares of Silvercorp Metals in the third quarter valued at about $46,000. Finally, Atria Wealth Solutions Inc. acquired a new position in Silvercorp Metals during the 4th quarter worth about $62,000. 22.30% of the stock is currently owned by institutional investors.

Silvercorp Metals Stock Down 6.1 %

Shares of NYSEAMERICAN:SVM opened at $3.88 on Friday. Silvercorp Metals Inc. has a 12 month low of $2.87 and a 12 month high of $5.32. The company has a market cap of $844.75 million, a price-to-earnings ratio of 10.78 and a beta of 1.20. The company has a current ratio of 4.61, a quick ratio of 4.35 and a debt-to-equity ratio of 0.13. The stock’s 50-day moving average is $3.53.

Silvercorp Metals 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.