Silvercorp Metals Declares Quarterly Dividend of $0.00 (SVM)
Silvercorp Metals (NYSE:SVM) announced a quarterly dividend on Monday, August 18th, American Banking News reports. Stockholders of record on Tuesday, September 30th will be paid a dividend of 0.0046 per share on Tuesday, October 21st. This represents a $0.02 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Friday, September 26th.
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) remained flat at $1.88 during trading on Monday. The stock had a trading volume of 433,084 shares. Silvercorp Metals has a 1-year low of $1.59 and a 1-year high of $4.21. The stock has a 50-day moving average of $1.95 and a 200-day moving average of $2.09. The company’s market cap is $321.3 million.
Silvercorp Metals (NYSE:SVM) last announced its earnings results on Thursday, August 14th. The company reported $0.02 EPS for the quarter. The company had revenue of $30.60 million for the quarter, compared to the consensus estimate of $78.65 million. Analysts expect that Silvercorp Metals will post $0.14 EPS for the current fiscal year.
Silvercorp Metals Inc (NYSE:SVM) is a silver producing company.
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