SilverSPAC (TSE:SLVR – Get Free Report) had its price target reduced by analysts at Desjardins from C$1.75 to C$1.60 in a research note issued on Wednesday, BayStreet reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price target points to a potential upside of 107.79% from the stock’s current price.
SilverSPAC Stock Down 2.5%
SilverSPAC stock traded down C$0.02 during midday trading on Wednesday, reaching C$0.77. The company had a trading volume of 1,054,491 shares, compared to its average volume of 1,542,091. SilverSPAC has a 12-month low of C$0.63 and a 12-month high of C$1.42. The company has a market capitalization of C$430.25 million, a P/E ratio of -77.00 and a beta of 1.89. The business has a fifty day moving average of C$0.98.
SilverSPAC (TSE:SLVR – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported C($0.00) EPS for the quarter.
About SilverSPAC
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.
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