Silvercorp Metals Inc (TSE:SVM) Senior Officer Derek Zhihua Liu sold 19,300 shares of Silvercorp Metals stock in a transaction on Monday, August 12th. The shares were sold at an average price of C$4.96, for a total transaction of C$95,728.00. Following the completion of the transaction, the insider now owns 100,000 shares in the company, valued at C$496,000.
Shares of TSE SVM opened at C$5.03 on Friday. Silvercorp Metals Inc has a 12-month low of C$2.43 and a 12-month high of C$5.15. The company has a market capitalization of $839.02 million and a PE ratio of 21.87. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.56 and a quick ratio of 3.17. The firm’s 50-day moving average is C$3.91 and its two-hundred day moving average is C$3.36.
Silvercorp Metals (TSE:SVM) last announced its quarterly earnings results on Thursday, May 23rd. The company reported C$0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.07 by C($0.04). The business had revenue of C$46.20 million for the quarter, compared to the consensus estimate of C$49.50 million. On average, analysts forecast that Silvercorp Metals Inc will post 0.19 EPS for the current fiscal year.
About Silvercorp Metals
Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of precious and base metal mineral properties in China. Its flagship project is the Ying silver-lead-zinc project located in the Ying Mining District in Henan Province, China. The company was formerly known as SKN Resources Ltd.
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