Silvercorp Metals Inc. (TSE:SVM) Senior Officer Sells C$312,531.38 in Stock

Silvercorp Metals Inc. (TSE:SVM) Senior Officer Derek Zhihua Liu sold 53,333 shares of Silvercorp Metals stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$5.86, for a total transaction of C$312,531.38.

Derek Zhihua Liu also recently made the following trade(s):

• On Thursday, August 29th, Derek Zhihua Liu sold 52,500 shares of Silvercorp Metals stock. The stock was sold at an average price of C$5.32, for a total value of C$279,247.50.

Silvercorp Metals Stock Down 0.3 %

TSE SVM opened at C$6.26 on Monday. The company has a quick ratio of 4.43, a current ratio of 4.03 and a debt-to-equity ratio of 0.21. Silvercorp Metals Inc. has a 52 week low of C$2.88 and a 52 week high of C$6.31. The firm has a market capitalization of C$1.36 billion, a price-to-earnings ratio of 16.92, a PEG ratio of 0.03 and a beta of 1.13. The company has a fifty day moving average of C$5.07 and a two-hundred day moving average of C$4.91.

Silvercorp Metals (TSE:SVM) last released its quarterly earnings results on Tuesday, August 13th. The company reported C$0.16 EPS for the quarter, topping analysts’ consensus estimates of C$0.12 by C$0.04. The firm had revenue of C$98.74 million during the quarter, compared to analysts’ expectations of C$98.53 million. Silvercorp Metals had a net margin of 21.57% and a return on equity of 10.92%. On average, analysts predict that Silvercorp Metals Inc. will post 0.4137427 earnings per share for the current year.

Wall Street Analyst Weigh In

SVM has been the topic of a number of research reports. BMO Capital Markets lifted their price objective on 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. Raymond James upped their price target on shares of Silvercorp Metals from C$7.00 to C$7.50 in a research note on Thursday, August 1st. Finally, Eight Capital increased their price objective on shares of Silvercorp Metals from C$6.20 to C$7.00 in a research report on Thursday, July 11th.

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.