Silvercorp Metals (TSE:SVM – Get Free Report) released its earnings results on Tuesday. The company reported C$0.30 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$197.01 million for the quarter. Silvercorp Metals had a negative return on equity of 1.27% and a negative net margin of 2.25%.
Silvercorp Metals Price Performance
Shares of TSE:SVM opened at C$17.00 on Tuesday. The firm has a market cap of C$3.76 billion, a PE ratio of -340.00, a price-to-earnings-growth ratio of 0.03 and a beta of 2.69. The company has a debt-to-equity ratio of 12.58, a quick ratio of 4.43 and a current ratio of 3.58. Silvercorp Metals has a 52 week low of C$5.91 and a 52 week high of C$21.61. The firm’s fifty day moving average is C$14.59 and its 200-day moving average is C$15.66.
Wall Street Analyst Weigh In
Separately, Roth Capital upgraded shares of Silvercorp Metals from a “hold” rating to a “strong-buy” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. 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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