Guggenheim Capital LLC lessened its stake in Silvercorp Metals Inc. (NYSEAMERICAN:SVM – Get Rating) by 21.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,487 shares of the company's stock after selling 81,070 shares during the period. Guggenheim Capital LLC owned 0.17% of Silvercorp Metals worth $689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Ergoteles LLC purchased a new stake in shares of Silvercorp Metals in the third quarter valued at about $375,000. Centiva Capital LP purchased a new stake in shares of Silvercorp Metals in the third quarter valued at about $37,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of Silvercorp Metals by 3.9% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 170,045 shares of the company's stock valued at $397,000 after buying an additional 6,451 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Silvercorp Metals by 4.9% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,665,182 shares of the company's stock valued at $6,224,000 after buying an additional 124,000 shares during the last quarter. Finally, ExodusPoint Capital Management LP purchased a new stake in shares of Silvercorp Metals in the third quarter valued at about $608,000. Institutional investors and hedge funds own 25.49% of the company's stock.

Analysts Set New Price Targets

Separately, Raymond James upped their target price on shares of Silvercorp Metals from C$6.15 to C$6.50 in a report on Friday, February 10th.

Silvercorp Metals Price Performance

NYSEAMERICAN SVM opened at $2.95 on Friday. The stock has a market cap of $521.47 million, a P/E ratio of 21.07 and a beta of 0.97. Silvercorp Metals Inc. has a 52-week low of $1.99 and a 52-week high of $4.20.

Silvercorp Metals Profile

(Get Rating)

Silvercorp Metals, Inc is a mining company. It engages in the acquisition, exploration, development, and mining of mineral properties. The firm operates through the following segments: Mining, and Administrative. The Mining segment comprises of the operation in Henan Luoning, Hunan, Guangdong, and other.

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