The stock of Silvercorp Metals Inc (TSE:SVM) is a huge mover today! About 494,875 shares traded hands. Silvercorp Metals Inc (TSE:SVM) has risen 42.27% since April 8, 2016 and is uptrending. It has outperformed by 37.29% the S&P500.
The move comes after 9 months negative chart setup for the $441.35 million company. It was reported on Nov, 14 by Barchart.com. We have $2.64 PT which if reached, will make TSE:SVM worth $57.38 million less.
More news for Silvercorp Metals Inc (TSE:SVM) were recently published by: Prnewswire.com, which released: “Silvercorp Metals Inc. – Correction on May 26, 2016 Press Release” on June 27, 2016. Seekingalpha.com‘s article titled: “If You Are Not Afraid China – Consider Silvercorp” and published on February 09, 2016 is yet another important article.
Silvercorp Metals Inc. is a silver-producing Canadian mining company. The company has a market cap of $441.35 million. The Firm is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. It has a 20.36 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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