Silvercorp Metals (NYSEAMERICAN:SVM) Shares Gap Up to $3.71
Shares of Silvercorp Metals Inc (NYSEAMERICAN:SVM) gapped up prior to trading on Tuesday . The stock had previously closed at $3.60, but opened at $3.71. Silvercorp Metals shares last traded at $3.82, with a volume of 2,092,175 shares traded.
SVM has been the topic of a number of recent analyst reports. TheStreet upgraded Silvercorp Metals from a “c+” rating to a “b-” rating in a research note on Tuesday, July 16th. Zacks Investment Research upgraded Silvercorp Metals from a “sell” rating to a “hold” rating in a research note on Tuesday, July 30th.
Silvercorp Metals (NYSEAMERICAN:SVM) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The firm had revenue of $45.58 million for the quarter, compared to the consensus estimate of $45.50 million.
About Silvercorp Metals (NYSEAMERICAN:SVM)
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.
See Also: NASDAQ
Receive News & Ratings for Silvercorp Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silvercorp Metals and related companies with MarketBeat.com's FREE daily email newsletter.