ValuEngine upgraded shares of Silvercorp Metals Inc (NYSEMKT:SVM) from a hold rating to a buy rating in a research report report published on Thursday morning.

Separately, Roth Capital reiterated a buy rating on shares of Silvercorp Metals in a report on Monday, August 28th.

Silvercorp Metals (NYSEMKT SVM) traded up 2.95% during trading on Thursday, hitting $2.79. The stock had a trading volume of 289,817 shares. The stock has a 50 day moving average price of $2.93 and a 200-day moving average price of $2.93. The stock has a market cap of $468.42 million and a price-to-earnings ratio of 9.96. Silvercorp Metals has a 12 month low of $2.64 and a 12 month high of $4.50.

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Silvercorp Metals Company Profile

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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