SilverSPAC (TSE:SLVR) Trading Up 10.6% – Still a Buy?

SilverSPAC Inc (TSE:SLVRGet Free Report)’s stock price was up 10.6% on Thursday . The company traded as high as C$0.75 and last traded at C$0.73. Approximately 620,857 shares were traded during trading, a decline of 62% from the average daily volume of 1,644,961 shares. The stock had previously closed at C$0.66.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus boosted their price target on SilverSPAC from C$1.70 to C$2.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$2.00.

Get Our Latest Analysis on SLVR

SilverSPAC Stock Up 15.2%

The firm has a market cap of C$424.16 million, a price-to-earnings ratio of -76.00 and a beta of 1.27.

About SilverSPAC

(Get Free Report)

Silver Tiger Metals Inc is a Canada based mineral exploration company. It is engaged in exploring for gold and base metals. The company’s project includes El Tigre Project which is located in Sonora, Mexico.

Further Reading

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