Silvercorp Metals Inc. with ticker code (SVM) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 3.8 and 3.25 calculating the average target price we see 3.52. Now with the previous closing price of 7.47 this indicates there is a potential downside of -52.9%. The day 50 moving average is 7.33 while the 200 day moving average is 6.41. The company has a market cap of $1,276m. You can visit the company’s website by visiting: http://www.silvercorpmetals.com
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 interest in Ying silver-lead- zinc project located in the Ying Mining District in Henan Province, China; and GC silver-lead-zinc mine in Guangdong Province, China. 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.
