Silvercorp Metals Inc. (TSE:SVM) Director Sells C$207,200.00 in Stock

Silvercorp Metals Inc. (TSE:SVM - Get Free Report) Director Rui Feng sold 40,000 shares of the business's stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of C$5.18, for a total transaction of C$207,200.00.

Silvercorp Metals Price Performance

Shares of TSE:SVM opened at C$5.27 on Thursday. Silvercorp Metals Inc. has a twelve month low of C$2.88 and a twelve month high of C$5.59. The company has a current ratio of 3.73, a quick ratio of 4.43 and a debt-to-equity ratio of 0.07. The company has a market cap of C$931.84 million, a PE ratio of 22.91, a price-to-earnings-growth ratio of 0.03 and a beta of 0.91. The company's 50 day moving average is C$3.79 and its 200 day moving average is C$3.48.

Silvercorp Metals (TSE:SVM - Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The company reported C$0.08 EPS for the quarter, beating the consensus estimate of C$0.06 by C$0.02. The company had revenue of C$79.66 million for the quarter, compared to analyst estimates of C$74.39 million. Silvercorp Metals had a net margin of 15.01% and a return on equity of 7.50%. On average, sell-side analysts forecast that Silvercorp Metals Inc. will post 0.3522572 EPS for the current year.

Analysts Set New Price Targets


Claim Your Complimentary Bitcoin Reward
Many have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.
Secure Your Spot Now


Several equities analysts recently issued reports on the stock. BMO Capital Markets set a C$5.00 price objective on shares of Silvercorp Metals and gave the company an "outperform" rating in a report on Wednesday, February 21st. Raymond James cut their price target on Silvercorp Metals from C$6.00 to C$5.50 and set an "outperform" rating on the stock in a report on Monday, February 5th. Finally, Canaccord Genuity Group upped their price objective on Silvercorp Metals from C$4.50 to C$4.75 and gave the stock a "buy" rating in a research note on Monday, February 12th.

Check Out Our Latest Research Report on Silvercorp Metals

About Silvercorp Metals

(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.

See Also

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Silvercorp Metals?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Silvercorp Metals and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.

Most Read This Month

Recent Articles