VAN ECK ASSOCIATES CORP's Strategic Acquisition in Silvercorp Metals Inc
Silvercorp Metals(SVM) Gurufocus·2024-10-09 02:02
On September 30, 2024, VAN ECK ASSOCIATES CORP (Trades, Portfolio), a prominent investment firm, executed a significant transaction by acquiring 13,586,892 shares of Silvercorp Metals Inc (SVM, Financial), a key player in the metals and mining industry. This addition increased the firm's total holdings in SVM to 22,297,822 shares, marking a substantial enhancement in their investment portfolio. The shares were purchased at a price of $4.37, reflecting a strategic move by the firm amidst the current market c ...