Roth Capital reaffirmed their buy rating on shares of Silvercorp Metals Inc (TSE:SVM) in a research note released on Monday morning.

Silvercorp Metals (SVM) opened at 3.75 on Monday. Silvercorp Metals has a 52-week low of $2.82 and a 52-week high of $5.90. The company has a 50-day moving average price of $3.55 and a 200 day moving average price of $4.25. The company has a market capitalization of $629.60 million and a PE ratio of 13.39.

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In other news, Director Yikang Liu sold 15,000 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of C$3.50, for a total value of C$52,500.00.

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. The company holds interests in various silver-lead-zinc mines in the Ying Mining District in Henan Province, China, as well as GC mine, which includes silver, lead, and zinc exploration permits in Guangdong Province.

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