Silvercorp Metals Inc. (TSE:SVM – Get Free Report) Senior Officer Derek Zhihua Liu sold 53,333 shares of the stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of C$5.86, for a total value 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 %
Silvercorp Metals stock traded down C$0.02 during mid-day trading on Friday, reaching C$6.26. The stock had a trading volume of 887,846 shares, compared to its average volume of 385,836. The firm has a market capitalization of C$1.36 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 0.03 and a beta of 1.13. Silvercorp Metals Inc. has a fifty-two week low of C$2.88 and a fifty-two week high of C$6.31. The stock’s 50-day simple moving average is C$5.07 and its 200-day simple moving average is C$4.90. The company has a debt-to-equity ratio of 0.21, a quick ratio of 4.43 and a current ratio of 4.03.
Analysts Set New Price Targets
Several equities analysts have issued reports on SVM shares. Eight Capital boosted their price target on Silvercorp Metals from C$6.20 to C$7.00 in a research note on Thursday, July 11th. Raymond James increased their target price on shares of Silvercorp Metals from C$7.00 to C$7.50 in a research note on Thursday, August 1st. Finally, BMO Capital Markets raised their price target on shares of 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.
View Our Latest Stock Analysis on Silvercorp Metals
About Silvercorp Metals
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.
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