Silvercorp Metals (SVM) Releases Quarterly Earnings Results
Silvercorp Metals (NYSE:SVM) released its earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, Stock Ratings Network reports. The company had revenue of $30.60 million for the quarter, compared to the consensus estimate of $78.65 million.
On the ratings front, analysts at Raymond James reiterated a “market perform” rating on shares of Silvercorp Metals in a research note on Monday, May 26th. They now have a $2.30 price target on the stock, down previously from $2.80.
Silvercorp Metals (NYSE:SVM) traded down 0.54% during mid-day trading on Thursday, hitting $1.84. The stock had a trading volume of 366,179 shares. Silvercorp Metals has a 1-year low of $1.59 and a 1-year high of $4.21. The stock’s 50-day moving average is $1.96 and its 200-day moving average is $2.10. The company’s market cap is $314.4 million.
Silvercorp Metals Inc (NYSE:SVM) is a silver producing company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.