Silvercorp Metals Inc (TSE:SVM) Director Sells C$49,800.00 in Stock

Silvercorp Metals Inc (TSE:SVM) Director Yikang Liu sold 10,000 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of C$4.98, for a total transaction of C$49,800.00. Following the transaction, the director now directly owns 100,000 shares of the company’s stock, valued at approximately C$498,000.

Yikang Liu also recently made the following trade(s):

  • On Wednesday, August 14th, Yikang Liu sold 6,000 shares of Silvercorp Metals stock. The shares were sold at an average price of C$5.12, for a total transaction of C$30,720.00.

Shares of SVM opened at C$5.03 on Friday. Silvercorp Metals Inc has a 1 year low of C$2.43 and a 1 year high of C$5.15. The company has a market cap of $839.02 million and a price-to-earnings ratio of 21.87. The company has a debt-to-equity ratio of 1.08, a quick ratio of 3.17 and a current ratio of 3.56. The firm has a fifty day moving average of C$3.91 and a 200-day moving average of C$3.36.

Silvercorp Metals (TSE:SVM) last announced its quarterly earnings results on Thursday, May 23rd. The company reported C$0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.07 by C($0.04). The firm had revenue of C$46.20 million for the quarter, compared to the consensus estimate of C$49.50 million. Analysts predict that Silvercorp Metals Inc will post 0.19 EPS for the current year.

Separately, Eight Capital boosted their price target on shares of Silvercorp Metals from C$4.00 to C$5.00 in a report on Thursday, August 8th.

Silvercorp Metals Company Profile

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of precious and base metal mineral properties in China. Its flagship project is the Ying silver-lead-zinc project located in the Ying Mining District in Henan Province, China. The company was formerly known as SKN Resources Ltd.

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