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 with a mean TP of 3.52. With the stocks previous close at 7.47 this now indicates there is a potential downside of -52.9%. The 50 day MA is 7.33 and the 200 day moving average is 6.41. The market capitalisation for the company is $1,276m. Visit the company website at: 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.