Silvercorp Metals Inc. which can be found using ticker (SVM) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 8.25 and 4.71 calculating the mean target price we have $6.48. Now with the previous closing price of $3.17 and the analysts are correct then there would likely be a percentage uptick in value of 104.4%. Also worth taking note is the 50 day moving average now sits at $3.22 and the 200 day MA is $2.75. The total market capitalization for the company now stands at $562m. Visit the company website at: https://www.silvercorpmetals.com
The potential market cap would be $1,149m based on the market consensus.
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. The company was formerly known as SKN Resources Ltd. and changed its name to Silvercorp Metals Inc. in May 2005. Silvercorp Metals Inc. is headquartered in Vancouver, Canada.
The company has a dividend yield of 0.85% with the ex dividend date set at 23-11-2022 (DMY).
Other points of data to note are a P/E ratio of 22.71, revenue per share of 1.22 and a 3.41% return on assets.
