SilverSPAC (TSE:SLVR) Stock Price Target Cut by Desjardins

SilverSPAC (TSE:SLVR – Get Free Report) had its price target dropped by research analysts at Desjardins from C$1.75 to C$1.60 in a research note issued to investors on Wednesday, BayStreet reports. The firm currently has a “buy” rating on the stock. Desjardins’ price objective indicates a potential upside of 107.79% from the company’s previous close.

SilverSPAC Price Performance

SLVR traded down C$0.02 during trading on Wednesday, reaching C$0.77. 1,054,491 shares of the company’s stock were exchanged, compared to its average volume of 1,542,091. SilverSPAC has a 1 year low of C$0.63 and a 1 year high of C$1.42. The stock has a fifty day moving average of C$0.98. The stock has a market capitalization of C$430.25 million, a PE ratio of -77.00 and a beta of 1.89.

SilverSPAC (TSE:SLVR – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported C($0.00) earnings per share for the quarter.

About SilverSPAC

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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.

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