Silvercorp (SVM, $5.21) posts fiscal Q1 production figures
Silvercorp Metals Inc. posted production and sales figures for the quarter ended June, 2021.
The company produced approximately 1.5 million ounces of silver, 1,000 ounces of gold, 15.9 million pounds of lead, and 7.2 million pounds of zinc. It sold approximately 1.6 million ounces of silver, 1,000 ounces of gold, 16.8 million pounds of lead, and 7.3 million pounds of zinc, thereby implying year-over-year decreases of -12%, -9%, and -20%, respectively, in silver, gold and lead sold, and an increase of +4% in zinc sold.
The quarter’s production decrease was largely due to Silvercorp’s mining contracts renewal negotiations at the Ying Mining District. On March 31, 2021, the company's two-year mining contracts with the eight mining contractors at the Ying Mining District expired and the parties reached a temporary two-month extension. During negotiations, some contract workers took breaks or left leading to some disruption in mining activity. When the contracts were renewed for an additional two year term in mid May 2021, it took some time for the contractors to boost the operations back up to full capacity.
Nevertheless, Silvercorp. expects to increase production in the remaining three quarters. It projects annual production between 6.3 - 6.6 million ounces of silver, 65.7 – 68.9 million pounds of lead, and 26.9 – 28.5 million pounds of zinc in Fiscal 2022.
SVM in upward trend: 10-day moving average crossed above 50-day moving average on May 29, 2025
The 10-day moving average for SVM crossed bullishly above the 50-day moving average on May 29, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 27, 2025. You may want to consider a long position or call options on SVM as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SVM just turned positive on May 21, 2025. Looking at past instances where SVM's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
SVM moved above its 50-day moving average on May 27, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SVM advanced for three days, in of 230 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 228 cases where SVM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SVM moved out of overbought territory on June 18, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 61 cases where SVM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SVM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SVM broke above its upper Bollinger Band on June 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.193) is normal, around the industry mean (7.058). P/E Ratio (20.294) is within average values for comparable stocks, (90.390). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (10.566). Dividend Yield (0.007) settles around the average of (0.038) among similar stocks. P/S Ratio (2.993) is also within normal values, averaging (147.776).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SVM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SVM’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a miner for metals and mineral properties in china
Industry PreciousMetals
Advertisement