How Will the Market React to Silvercorp Metals Inc (SVM) Stock Getting a Bullish Rating

Overall market sentiment has been high on Silvercorp Metals Inc (SVM) stock lately. SVM receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Silvercorp Metals Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SVM!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With SVM Stock Today?

Silvercorp Metals Inc (SVM) stock has risen 5.06% while the S&P 500 has fallen -0.08% as of 2:05 PM on Thursday, Nov 30. SVM is higher by $0.14 from the previous closing price of $2.77 on volume of 1,966,625 shares. Over the past year the S&P 500 is up 14.89% while SVM is higher by 6.99%. SVM earned $0.18 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 16.08. To screen for more stocks like Silvercorp Metals Inc click here.

More About Silvercorp Metals Inc

Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc. Click Here to get the full Stock Report for Silvercorp Metals Inc stock.