Silvercorp Metals Rating Reiterated by Raymond James (SVM)
Silvercorp Metals (NYSE:SVM)‘s stock had its “market perform” rating reaffirmed by equities research analysts at Raymond James in a research note issued to investors on Monday. They currently have a $2.30 price objective on the stock, down from their previous price objective of $2.80. Raymond James’ target price would suggest a potential upside of 27.78% from the company’s current price.
Silvercorp Metals (NYSE:SVM) opened at 1.80 on Monday. Silvercorp Metals has a 52-week low of $1.79 and a 52-week high of $4.21. The stock’s 50-day moving average is $1.99 and its 200-day moving average is $2.35. The company’s market cap is $307.6 million.
Silvercorp Metals (NYSE:SVM) last posted its quarterly earnings results on Thursday, May 22nd. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. On average, analysts predict that Silvercorp Metals will post $0.14 earnings per share for the current fiscal year.
Silvercorp Metals Inc (NYSE:SVM) is a silver producing company.
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