Silvercorp Metals Inc. – Consensus Indicates Potential -52.9% Downside

Broker Ratings

Silvercorp Metals Inc. with ticker code (SVM) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 3.8 and 3.25 calculating the mean target price we have 3.52. Given that the stocks previous close was at 7.47 this would imply there is a potential downside of -52.9%. The 50 day moving average now sits at 7.33 while the 200 day moving average is 6.41. The company has a market capitalisation 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.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits
You might also enjoy reading  Silvercorp Metals Inc. - Consensus Indicates Potential -11.6% Downside

Good news travels fast (but only if you make that happen):

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit

AIM All Share Index