Silvercorp Metals Inc. (TSE:SVM) Director Yikang Liu Sells 10,000 Shares

Silvercorp Metals Inc. (TSE:SVMGet Rating) Director Yikang Liu sold 10,000 shares of the business’s stock in a transaction dated Monday, April 18th. The stock was sold at an average price of C$5.00, for a total transaction of C$50,000.00. Following the sale, the director now directly owns 83,834 shares of the company’s stock, valued at approximately C$419,170.

SVM traded down C$0.06 on Wednesday, reaching C$4.62. 64,781 shares of the company’s stock were exchanged, compared to its average volume of 477,829. The stock has a market cap of C$818.23 million and a PE ratio of 19.58. Silvercorp Metals Inc. has a twelve month low of C$3.95 and a twelve month high of C$8.07. The stock’s fifty day moving average price is C$4.78 and its 200-day moving average price is C$4.85. The company has a debt-to-equity ratio of 0.23, a current ratio of 4.62 and a quick ratio of 4.28.

Silvercorp Metals (TSE:SVMGet Rating) last posted its quarterly earnings results on Tuesday, February 8th. The company reported C$0.09 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.09. The business had revenue of C$74.48 million for the quarter, compared to analyst estimates of C$73.37 million. As a group, research analysts predict that Silvercorp Metals Inc. will post 0.37 earnings per share for the current fiscal year.

A number of analysts have recently commented on the stock. Echelon Wealth Partners reissued a “buy” rating and set a C$8.10 target price on shares of Silvercorp Metals in a research note on Wednesday, December 22nd. Raymond James set a C$6.50 price target on shares of Silvercorp Metals and gave the stock a “market perform” rating in a research report on Monday.

Silvercorp Metals Company Profile (Get Rating)

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.

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