SilverSPAC (TSE:SLVR) Trading Up 10.6% – Here’s What Happened

Shares of SilverSPAC Inc (TSE:SLVRGet Free Report) shot up 10.6% during mid-day trading on Thursday . The stock traded as high as C$0.75 and last traded at C$0.73. 620,857 shares were traded during trading, a decline of 62% from the average session volume of 1,644,961 shares. The stock had previously closed at C$0.66.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus boosted their price target on SilverSPAC from C$1.70 to C$2.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$2.00.

Check Out Our Latest Stock Report on SilverSPAC

SilverSPAC Trading Up 15.2%

The company has a market cap of C$424.16 million, a price-to-earnings ratio of -76.00 and a beta of 1.27.

About SilverSPAC

(Get Free Report)

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.

Further Reading

Receive News & Ratings for SilverSPAC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SilverSPAC and related companies with MarketBeat.com's FREE daily email newsletter.