ValuEngine Upgrades Silvercorp Metals Inc (SVM) to Buy
Silvercorp Metals Inc (NYSEMKT:SVM) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Friday.
Separately, Roth Capital restated a “buy” rating on shares of Silvercorp Metals in a report on Monday, August 28th.
Shares of Silvercorp Metals (NYSEMKT SVM) opened at 3.14 on Friday. The stock has a market capitalization of $527.18 million and a price-to-earnings ratio of 11.21. The stock’s 50 day moving average price is $2.84 and its 200-day moving average price is $2.92. Silvercorp Metals has a 12 month low of $2.65 and a 12 month high of $3.33.
Silvercorp Metals Company Profile
Silvercorp Metals Inc (Silvercorp) is a silver-producing Canadian mining company. The Company is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. The Company’s segments include Mining, including projects, such as Henan Luoning, Hunan, Guangdong and Other, and Administrative, which includes Beijing and Vancouver.
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