Silvercorp Metals Inc. (TSE:SVM) Senior Officer Peter Lekich Sells 1,760 Shares

Silvercorp Metals Inc. (TSE:SVM) Senior Officer Peter Lekich sold 1,760 shares of the business’s 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 Down 0.5 %

Shares of SVM traded down C$0.03 during mid-day trading on Tuesday, reaching C$6.37. The company’s stock had a trading volume of 693,680 shares, compared to its average volume of 394,710. Silvercorp Metals Inc. has a 12-month low of C$2.88 and a 12-month high of C$6.41. The company’s 50 day moving average is C$5.19 and its 200 day moving average is C$5.01. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.03 and a quick ratio of 4.43. The stock has a market cap of C$1.38 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 0.03 and a beta of 1.15.

Silvercorp Metals (TSE:SVM) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C$0.16 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.12 by C$0.04. Silvercorp Metals had a return on equity of 10.92% and a net margin of 21.57%. The company had revenue of C$98.74 million during the quarter, compared to analysts’ expectations of C$98.53 million. Equities analysts anticipate that Silvercorp Metals Inc. will post 0.5394046 EPS for the current fiscal year.

Analyst Ratings Changes

SVM has been the topic of several recent research reports. Raymond James upped their price target on Silvercorp Metals from C$7.00 to C$7.50 in a report on Thursday, August 1st. Eight Capital upped their price target on Silvercorp Metals from C$6.20 to C$7.00 in a report on Thursday, July 11th. Finally, BMO Capital Markets upped their price target on Silvercorp Metals from C$6.00 to C$7.00 and gave the stock a “strong-buy” rating in a report on Wednesday, August 7th.

Silvercorp Metals Company Profile

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.