Is it Time to Dump Silvercorp Metals Inc (SVM) Stock After it Is Higher By 9.54% in a Week?

Silvercorp Metals Inc (SVM) stock is up 9.54% over the past week and gets a Bullish rating from InvestorsObserver 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!

See Full SVM Report

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. 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 higher by 0.98% while the S&P 500 is down -0.16% as of 10:35 AM on Friday, Mar 22. SVM has gained $0.03 from the previous closing price of $3.07 on volume of 355,393 shares. Over the past year the S&P 500 is up 32.92% while SVM is down -12.18%. SVM earned $0.17 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 17.96. 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.