Silvercorp Metals Inc (SVM) to Release Quarterly Earnings on Wednesday
Silvercorp Metals Inc (TSE:SVM) is set to announce its earnings results after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of C$0.07 per share for the quarter.
Shares of Silvercorp Metals Inc (TSE SVM) opened at C$3.28 on Tuesday. Silvercorp Metals Inc has a 1-year low of C$2.82 and a 1-year high of C$5.90.
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Separately, Roth Capital reiterated a “buy” rating on shares of Silvercorp Metals in a report on Monday, August 28th.
In other news, Director Yikang Liu sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of C$3.50, for a total transaction of C$52,500.00. Also, Director Rui Feng sold 33,000 shares of the business’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of C$3.87, for a total value of C$127,710.00. Over the last quarter, insiders sold 115,000 shares of company stock valued at $435,100.
About Silvercorp Metals
Silvercorp Metals Inc (Silvercorp) is a silver-producing Canadian mining company. The Company is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. The Company’s segments include Mining, including projects, such as Henan Luoning, Hunan, Guangdong and Other, and Administrative, which includes Beijing and Vancouver.
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