Derek Zhihua Liu Sells 20,000 Shares of Silvercorp Metals Inc. (TSE:SVM) Stock

Silvercorp Metals Inc. (TSE:SVM – Get Free Report) Senior Officer Derek Zhihua Liu sold 20,000 shares of Silvercorp Metals stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of C$4.27, for a total value of C$85,300.00.

Silvercorp Metals Stock Performance

Shares of SVM opened at C$5.44 on Friday. The firm has a fifty day moving average of C$4.91 and a 200-day moving average of C$3.94. The company has a market cap of C$961.90 million, a price-to-earnings ratio of 23.65, a price-to-earnings-growth ratio of 0.03 and a beta of 1.02. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.43 and a current ratio of 3.73. Silvercorp Metals Inc. has a 1 year low of C$2.88 and a 1 year high of C$5.98.

Silvercorp Metals Announces Dividend

The company also recently announced a Semi-Annual dividend, which will be paid on Thursday, June 27th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.017 per share. The ex-dividend date is Friday, June 7th. Silvercorp Metals’s payout ratio is 13.04%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SVM. Raymond James lifted their target price on Silvercorp Metals from C$5.50 to C$7.00 in a research report on Tuesday, April 23rd. BMO Capital Markets increased their target price on shares of Silvercorp Metals from C$5.00 to C$6.00 in a report on Thursday, April 25th. Finally, Canaccord Genuity Group dropped their price objective on shares of Silvercorp Metals from C$7.50 to C$7.00 and set a “buy” rating on the stock in a research note on Wednesday, April 24th.

View Our Latest Stock Analysis on Silvercorp Metals

Silvercorp Metals Company Profile

(Get Free Report)

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.