The stock of Silvercorp Metals Inc (TSE:SVM) is a huge mover today! About 694,457 shares traded hands. Silvercorp Metals Inc (TSE:SVM) has risen 516.22% since February 5, 2016 and is uptrending. It has outperformed by 499.73% the S&P500.
The move comes after 5 months negative chart setup for the $765.00 million company. It was reported on Sep, 13 by Barchart.com. We have $4.04 PT which if reached, will make TSE:SVM worth $45.90M less.
Silvercorp Metals Inc. is a silver-producing Canadian mining company. The company has a market cap of $765.00 million. The Firm is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. It has a 64.38 P/E ratio. The Company’s divisions include Mining, including projects, such as Henan Luoning, Hunan, Guangdong and Other, and Administrative, which includes Beijing and Vancouver.
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