Is Silvercorp Metals Inc’s Fuel For Real? The Stock Just Has Raised Again

 Is Silvercorp Metals Inc's Fuel For Real? The Stock Just Has Raised Again

The stock of Silvercorp Metals Inc (TSE:SVM) is a huge mover today! About 109,070 shares traded hands. Silvercorp Metals Inc (TSE:SVM) has risen 132.41% since March 10, 2016 and is uptrending. It has outperformed by 126.80% the S&P500.
The move comes after 7 months positive chart setup for the $553.00M company. It was reported on Oct, 17 by Barchart.com. We have $4.74 PT which if reached, will make TSE:SVM worth $215.67 million more.

More notable recent Silvercorp Metals Inc (TSE:SVM) news were published by: Prnewswire.com which released: “Silvercorp Metals Inc. – Correction on May 26, 2016 Press Release” on June 27, 2016, also Twst.com with their article: “Silvercorp Metals Inc.: Silvercorp Reports 2016 AGM Results Announces …” published on October 03, 2016, Business.Financialpost.com published: “Short seller activities come to light in B.C. regulator’s probe of Silvercorp …” on April 17, 2015. More interesting news about Silvercorp Metals Inc (TSE:SVM) were released by: Seekingalpha.com and their article: “If You Are Not Afraid China – Consider Silvercorp” published on February 09, 2016 as well as Theglobeandmail.com‘s news article titled: “Canadian sues Silvercorp over ‘false imprisonment’ in China” with publication date: August 20, 2014.

Silvercorp Metals Inc. is a silver-producing Canadian mining company. The company has a market cap of $553.00 million. The Firm is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. It has a 50.65 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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