Key Points
- Yikang Liu sold 9,999 shares of Silvercorp Metals (TSE:SVM) on Dec. 31 at an average price of C$11.84 for C$118,388.16, leaving him with 113,333 shares — an 8.11% decrease in his ownership valued at roughly C$1.34M.
- Stock and analyst backdrop: SVM trades in a 52-week range of C$4.18–C$12.60 with a market cap of about C$2.53B and a P/E of 104.36; analysts maintain an average "Buy" rating and a consensus target of C$12.50 after the company reported C$0.10 EPS and a 23.1% net margin last quarter.
Silvercorp Metals Inc. (TSE:SVM - Get Free Report) Director Yikang Liu sold 9,999 shares of Silvercorp Metals stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of C$11.84, for a total transaction of C$118,388.16. Following the completion of the transaction, the director owned 113,333 shares in the company, valued at approximately C$1,341,862.72. This represents a 8.11% decrease in their ownership of the stock.
Silvercorp Metals Price Performance
Shares of SVM opened at C$11.48 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 4.43 and a current ratio of 3.04. Silvercorp Metals Inc. has a fifty-two week low of C$4.18 and a fifty-two week high of C$12.60. The firm has a 50-day simple moving average of C$10.30 and a 200-day simple moving average of C$8.23. The company has a market capitalization of C$2.53 billion, a price-to-earnings ratio of 104.36, a price-to-earnings-growth ratio of 0.03 and a beta of 1.81.
Silvercorp Metals (TSE:SVM - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$0.10 earnings per share (EPS) for the quarter. Silvercorp Metals had a net margin of 23.07% and a return on equity of 9.91%. The company had revenue of C$116.03 million for the quarter. On average, equities research analysts anticipate that Silvercorp Metals Inc. will post 0.5394046 earnings per share for the current year.
Analyst Upgrades and Downgrades
SVM has been the topic of several research analyst reports. Canaccord Genuity Group boosted their target price on shares of Silvercorp Metals from C$9.50 to C$13.00 in a research report on Thursday, October 2nd. BMO Capital Markets upped their target price on shares of Silvercorp Metals from C$10.00 to C$12.00 in a research report on Thursday, October 16th. Finally, Cormark upgraded shares of Silvercorp Metals to a "moderate buy" rating in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Silvercorp Metals currently has an average rating of "Buy" and a consensus price target of C$12.50.
View Our Latest Stock Analysis on SVM
About Silvercorp Metals
(
Get Free Report)
Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc.
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