Silvercorp Metals (TSE:SVM – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported C$0.30 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$197.01 million during the quarter. Silvercorp Metals had a return on equity of 3.57% and a net margin of 6.12%.
Silvercorp Metals Stock Performance
Silvercorp Metals stock opened at C$16.85 on Thursday. The company’s 50-day moving average price is C$14.57 and its 200-day moving average price is C$15.67. Silvercorp Metals has a twelve month low of C$5.95 and a twelve month high of C$21.61. The company has a quick ratio of 4.43, a current ratio of 3.51 and a debt-to-equity ratio of 12.00. The company has a market cap of C$3.73 billion, a PE ratio of -337.00, a price-to-earnings-growth ratio of 0.03 and a beta of 2.69.
Wall Street Analysts Forecast Growth
Separately, Roth Capital raised Silvercorp Metals from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat.com, Silvercorp Metals has an average rating of “Strong Buy” and an average target price of C$15.25.
About Silvercorp Metals
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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