Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Silvercorp Metals Inc. (TSE:SVM – Get Rating) Director Yikang Liu sold 7,167 shares of the firm’s stock in a transaction dated Friday, December 9th. The stock was sold at an average price of C$3.97, for a total value of C$28,465.17. Following the sale, the director now directly owns 83,333 shares in the company, valued at C$330,973.68.
Yikang Liu also recently made the following trade(s):
- On Wednesday, November 16th, Yikang Liu sold 3,833 shares of Silvercorp Metals stock. The stock was sold at an average price of C$3.66, for a total value of C$14,028.78.
Silvercorp Metals Price Performance
SVM stock traded up C$0.01 during mid-day trading on Friday, reaching C$3.89. 265,156 shares of the company’s stock were exchanged, compared to its average volume of 353,018. The company has a market cap of C$686.85 million and a price-to-earnings ratio of 29.92. The stock’s 50 day moving average is C$3.58 and its 200 day moving average is C$3.38. The company has a debt-to-equity ratio of 0.15, a current ratio of 4.73 and a quick ratio of 4.43. Silvercorp Metals Inc. has a 12-month low of C$2.74 and a 12-month high of C$5.41.
Silvercorp Metals (TSE:SVM – Get Rating) last issued its quarterly earnings results on Thursday, November 3rd. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). The business had revenue of C$67.51 million during the quarter, compared to the consensus estimate of C$78.04 million. On average, research analysts expect that Silvercorp Metals Inc. will post 0.2305897 EPS for the current year.
Silvercorp Metals Dividend Announcement
The company also recently announced a Semi-Annual dividend, which will be paid on Friday, December 16th. Stockholders of record on Friday, December 16th will be given a $0.0125 dividend. The ex-dividend date is Thursday, November 24th. This represents a dividend yield of 0.35%. Silvercorp Metals’s dividend payout ratio (DPR) is presently 19.23%.
Analysts Set New Price Targets
Several analysts recently commented on the company. Raymond James dropped their target price on Silvercorp Metals from C$6.00 to C$5.00 in a report on Friday, October 21st. Eight Capital dropped their target price on Silvercorp Metals from C$7.50 to C$5.50 in a report on Wednesday, October 26th. Finally, Canaccord Genuity Group raised their target price on Silvercorp Metals from C$3.75 to C$4.00 in a report on Thursday, October 20th.
About Silvercorp Metals
(Get Rating)
Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China and Mexico. The company primarily explores for silver, gold, lead, and zinc metals. It holds interests in the Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; Kuanping project located in Sanmenxia City, Shanzhou District, Henan Province, China; and La Yesca project located in northwest of Guadalajara, Mexico.
Read More
- There Is Fundamental Value In Broadcom, And It Yields 3.35%
- Costco vs Amazon: an end of the year showdown
- Discount Retailers Could Make Good Bargain Stocks
- Can Pfizer, Johnson & Johnson Continue Outperforming the Index?
- This Is Why Daktronics Fell 40% In One Day
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Silvercorp Metals, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Silvercorp Metals wasn’t on the list.
While Silvercorp Metals currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
As Featured By:
326 E 8th St #105, Sioux Falls, SD 57103
contact@marketbeat.com
(844) 978-6257
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
