Silvercorp Metals Inc. with ticker code (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 calculating the average target price we see 3.52. With the stocks previous close at 5.26 this indicates there is a potential downside of -33.1%. The 50 day moving average now sits at 6.05 and the 200 day MA is 6.83. The market capitalisation for the company is $917m. 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.
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