Silvercorp Metals Inc. with ticker code (SVM) have now 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 8.25 and 4.72 calculating the average target price we see $6.49. Given that the stocks previous close was at $3.53 this is indicating there is a potential upside of 83.9%. Also worth taking note is the 50 day moving average now sits at $3.24 while the 200 day moving average is $2.76. The market capitalization for the company is $635m. You can visit the company’s website by visiting: https://www.silvercorpmetals.com
The potential market cap would be $1,167m 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 0.72% with the ex dividend date set at 23-11-2022 (DMY).
Other points of data to note are a P/E ratio of 27.62, revenue per share of 1.22 and a 3.41% return on assets.
