Silvercorp Metals (TSE:SVM – Get Free Report) released its earnings results on Tuesday. The company reported C$0.30 earnings per share for the quarter, FiscalAI reports. Silvercorp Metals had a negative net margin of 2.25% and a negative return on equity of 1.27%. The firm had revenue of C$197.01 million during the quarter.
Silvercorp Metals Trading Up 3.1%
Shares of Silvercorp Metals stock opened at C$17.53 on Wednesday. The company’s fifty day simple moving average is C$14.57 and its 200-day simple moving average is C$15.67. The company has a market cap of C$3.88 billion, a price-to-earnings ratio of -350.60, a PEG ratio of 0.03 and a beta of 2.69. The company has a current ratio of 3.58, a quick ratio of 4.43 and a debt-to-equity ratio of 12.58. Silvercorp Metals has a 1 year low of C$5.95 and a 1 year high of C$21.61.
Analyst Ratings Changes
Separately, Roth Capital upgraded Silvercorp Metals from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Strong Buy” and a consensus price target of C$15.25.
Silvercorp Metals Company Profile
Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential.
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