 |
 Video: What is a Stock Split?
|
|
|
| Silvercorp Metals is a mining company producing silver, lead and zinc metals in concentrates from mines in China through the operation of the silver-lead-zinc mines in the Ying Mining District in Henan Province and the GC Mine in Guangdong Province. The Ying Mining District consists of several mines, including the SGX Mine, HZG Mine, TLP Mine, HPG Mine, LMW Mine, LME Mine, and DCG Mine. Co. sells all its products to local smelters or companies in the mineral products trading business. According to our SVM split history records, Silvercorp Metals has had 1 split. | |
|
Silvercorp Metals (SVM) has 1 split in our SVM split history database. The split for SVM took place on October 29, 2007. This was a 3 for 1 split, meaning for each share of SVM owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Silvercorp Metals splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the SVM split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Silvercorp Metals shares, starting with a $10,000 purchase of SVM, presented on a split-history-adjusted basis factoring in the complete SVM split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
05/18/2017 |
|
| End date: |
12/06/2023 |
|
| Start price/share: |
$3.03 |
|
| End price/share: |
$2.72 |
|
| Starting shares: |
3,300.33 |
|
| Ending shares: |
3,486.06 |
|
| Dividends reinvested/share: |
$0.17 |
|
| Total return: |
-5.18% |
|
| Average Annual Total Return: |
-0.81% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$9,480.75 |
|
| Years: |
6.56 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
05/18/2017 |
|
| End date: |
12/06/2023 |
|
| Start price/share: |
$3.03 |
|
| End price/share: |
$2.72 |
|
| Dividends collected/share: |
$0.17 |
|
| Total return: |
-4.52% |
|
| Average Annual Total Return: |
-0.70% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$9,549.90 |
|
| Years: |
6.56 |
|
|
|
| Date |
Ratio |
| 10/29/2007 | 3 for 1 |
|
|
Free SVM Email Alerts:
