Silvercorp Metals Inc. with ticker code (SVM) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘None’. The target price ranges between 8.75 and 5.19 with the average target price sitting at 6.38. With the stocks previous close at 3.62 this would indicate that there is a potential upside of 76.2%. The day 50 moving average is 3.69 and the 200 moving average now moves to 4.09. The company has a market cap of $657m. Company Website: https://www.silvercorpmetals.com
The potential market cap would be $1,158m 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 and Mexico. The company primarily explores for silver, gold, lead, and zinc metals. Its flagship property is the Ying silver-lead- zinc project located in the Ying Mining District in Henan 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.