Silvercorp Metals Inc. (TSE:SVM - Get Free Report) Senior Officer Peter Lekich sold 1,760 shares of Silvercorp Metals stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of C$6.27, for a total value of C$11,035.20.
Silvercorp Metals Stock Performance
Shares of SVM stock opened at C$6.37 on Wednesday. The stock has a market cap of C$1.38 billion, a PE ratio of 17.22, a price-to-earnings-growth ratio of 0.03 and a beta of 1.15. The stock has a 50-day moving average of C$5.21 and a 200-day moving average of C$5.02. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.03 and a quick ratio of 4.43. Silvercorp Metals Inc. has a one year low of C$2.88 and a one year high of C$6.41.
Silvercorp Metals (TSE:SVM - Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported C$0.16 earnings per share for the quarter, topping the consensus estimate of C$0.12 by C$0.04. Silvercorp Metals had a net margin of 21.57% and a return on equity of 10.92%. The company had revenue of C$98.74 million for the quarter, compared to analyst estimates of C$98.53 million. As a group, sell-side analysts expect that Silvercorp Metals Inc. will post 0.5394046 earnings per share for the current year.
Analysts Set New Price Targets
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A number of brokerages recently commented on SVM. Raymond James lifted their price objective on Silvercorp Metals from C$7.00 to C$7.50 in a research report on Thursday, August 1st. BMO Capital Markets boosted their price target on shares of Silvercorp Metals from C$6.00 to C$7.00 and gave the stock a "strong-buy" rating in a research note on Wednesday, August 7th. Finally, Eight Capital increased their price objective on shares of Silvercorp Metals from C$6.20 to C$7.00 in a report on Thursday, July 11th.
Check Out Our Latest Stock Report on SVM
Silvercorp Metals Company Profile
(
Get Free Report)
Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.
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