Silvercorp Metals Inc. found using ticker (SVM) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 3.8 and 3.25 and has a mean target at 3.52. Given that the stocks previous close was at 7.47 this is indicating there is a potential downside of -52.9%. There is a 50 day moving average of 7.33 and the 200 moving average now moves to 6.41. The market cap for the company is $1,276m. Visit the company website at: http://www.silvercorpmetals.com
The potential market cap would be $601m based on the market concensus.
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.
