Insider Selling: Silvercorp Metals Inc (TSE:SVM) Director Sells C$24,485.00 in Stock
Silvercorp Metals Inc (TSE:SVM) Director Yikang Liu sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of C$4.90, for a total value of C$24,485.00. Following the sale, the director now directly owns 165,000 shares in the company, valued at approximately C$808,005.
Yikang Liu also recently made the following trade(s):
- On Wednesday, August 14th, Yikang Liu sold 6,000 shares of Silvercorp Metals stock. The stock was sold at an average price of C$5.12, for a total value of C$30,720.00.
- On Monday, August 12th, Yikang Liu sold 10,000 shares of Silvercorp Metals stock. The stock was sold at an average price of C$4.98, for a total value of C$49,800.00.
TSE SVM opened at C$4.95 on Thursday. The firm has a market cap of $844.12 million and a P/E ratio of 20.63. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.15 and a quick ratio of 3.70. The stock’s 50-day moving average is C$4.11 and its 200-day moving average is C$3.41. Silvercorp Metals Inc has a one year low of C$2.43 and a one year high of C$5.15.
Separately, Eight Capital raised their price target on Silvercorp Metals from C$4.00 to C$5.00 in a research report on Thursday, August 8th.
Silvercorp Metals Company Profile
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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