Is it Time to Dump Silvercorp Metals Inc (SVM) Stock After it Has Gained 1.76% in a Week?

The market has been high on Silvercorp Metals Inc (SVM) stock recently. SVM gets a Bullish score 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?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With SVM Stock Today?

Silvercorp Metals Inc (SVM) stock is down -0.65% while the S&P 500 has gained 0.08% as of 9:55 AM on Monday, Nov 6. SVM has fallen -$0.01 from the previous closing price of $2.32 on volume of 180,352 shares. Over the past year the S&P 500 is up 14.58% while SVM has fallen -13.16%. SVM earned $0.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 21.01. To see InvestorsObserver's Sentiment Score for 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.