Is Buying Stock Like Silvercorp Metals Inc After Such Increase Winning Strategy?

 Is Buying Stock Like Silvercorp Metals Inc After Such Increase Winning Strategy?

The stock of Silvercorp Metals Inc (TSE:SVM) is a huge mover today! About 153,040 shares traded hands. Silvercorp Metals Inc (TSE:SVM) has risen 47.91% since April 14, 2016 and is uptrending. It has outperformed by 43.48% the S&P500.
The move comes after 5 months positive chart setup for the $536.03 million company. It was reported on Nov, 18 by Barchart.com. We have $5.02 PT which if reached, will make TSE:SVM worth $305.54M more.

Another recent and important Silvercorp Metals Inc (TSE:SVM) news was published by Seekingalpha.com which published an article titled: “If You Are Not Afraid China – Consider Silvercorp” on February 09, 2016.

Silvercorp Metals Inc. is a silver-producing Canadian mining company. The company has a market cap of $536.03 million. The Firm is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. It has a 21.46 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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