Silvercorp Metals Inc (SVM) Raised to “Buy” at ValuEngine
Silvercorp Metals Inc (NYSEMKT:SVM) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.
Separately, Roth Capital reissued a “buy” rating on shares of Silvercorp Metals in a report on Monday, August 28th.
Silvercorp Metals (SVM) opened at 2.80 on Thursday. The stock has a market cap of $470.10 million and a PE ratio of 10.00. Silvercorp Metals has a 1-year low of $2.64 and a 1-year high of $4.50. The firm has a 50-day moving average of $2.94 and a 200-day moving average of $2.93.
About Silvercorp Metals
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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