Connor Clark & Lunn Investment Management Ltd. Has $15.52 Million Stock Position in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Connor Clark & Lunn Investment Management Ltd. reduced its holdings in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,171,882 shares of the company’s stock after selling 194,800 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned 2.38% of Silvercorp Metals worth $15,523,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Tidal Investments LLC lifted its holdings in shares of Silvercorp Metals by 2.1% in the third quarter. Tidal Investments LLC now owns 6,412,871 shares of the company’s stock worth $28,024,000 after acquiring an additional 133,231 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of 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 in the last quarter. National Bank of Canada FI increased its holdings in shares of 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 buying an additional 392,085 shares in the last quarter. XTX Topco Ltd lifted its stake in shares of Silvercorp Metals by 1,092.1% in the 3rd quarter. XTX Topco Ltd now owns 216,511 shares of the company’s stock valued at $946,000 after acquiring an additional 198,349 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. acquired a new stake in shares of Silvercorp Metals during the 3rd quarter valued at $887,000. 22.30% of the stock is owned by institutional investors and hedge funds.

Silvercorp Metals Stock Up 2.0 %

Shares of SVM opened at $4.06 on Friday. 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 firm has a market cap of $883.94 million, a PE ratio of 11.28 and a beta of 1.20. Silvercorp Metals Inc. has a 12-month low of $2.71 and a 12-month high of $5.32. The stock has a 50-day moving average price of $3.28.

About Silvercorp Metals

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.