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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