Silvercorp Metals (SVM) Receiving Somewhat Positive Media Coverage, Report Finds
Media headlines about Silvercorp Metals (NYSE:SVM) have been trending somewhat positive on Thursday, according to Accern. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Silvercorp Metals earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.2171583748579 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several equities analysts recently issued reports on the company. TheStreet raised Silvercorp Metals from a “d” rating to a “b-” rating in a research report on Monday, May 15th. Roth Capital assumed coverage on Silvercorp Metals in a research report on Tuesday. They issued a “buy” rating and a $3.50 price objective on the stock.
Silvercorp Metals (NYSE SVM) traded up 4.39% during trading on Thursday, reaching $3.09. The company had a trading volume of 150,822 shares. Silvercorp Metals has a 12-month low of $2.07 and a 12-month high of $4.50. The stock has a 50 day moving average of $2.81 and a 200-day moving average of $2.91. The stock has a market capitalization of $518.79 million and a P/E ratio of 11.04.
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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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