SilverSPAC Inc (TSE:SLVR – Get Free Report)’s share price dropped 7.1% on Tuesday. The company traded as low as C$0.79 and last traded at C$0.79. Approximately 1,737,859 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 1,545,071 shares. The stock had previously closed at C$0.85.
Analyst Upgrades and Downgrades
Separately, Desjardins cut their price target on shares of SilverSPAC from C$1.75 to C$1.60 and set a “buy” rating for the company in a report on Wednesday. Two analysts have rated the stock with a Buy rating. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$1.80.
Get Our Latest Analysis on SLVR
SilverSPAC Price Performance
The firm has a fifty day moving average price of C$0.98. The company has a market cap of C$430.25 million, a price-to-earnings ratio of -77.00 and a beta of 1.89.
SilverSPAC (TSE:SLVR – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported C($0.00) EPS for the quarter.
SilverSPAC Company Profile
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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