Silvercorp Metals (SVM) Scheduled to Post Earnings on Thursday

Silvercorp Metals (TSE:SVM) is scheduled to post its quarterly earnings results after the market closes on Thursday, May 23rd. Analysts expect Silvercorp Metals to post earnings of C$0.07 per share for the quarter.

Silvercorp Metals (TSE:SVM) last issued its quarterly earnings results on Thursday, February 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.01). The firm had revenue of C$55.98 million during the quarter, compared to analyst estimates of C$57.18 million.

TSE SVM opened at C$2.96 on Thursday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 2.89 and a current ratio of 3.27. Silvercorp Metals has a 1 year low of C$2.43 and a 1 year high of C$4.02. The firm has a market capitalization of $490.42 million and a P/E ratio of 12.87.

In related news, Director Rui Feng sold 24,000 shares of the company’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of C$3.60, for a total value of C$86,481.60. Following the transaction, the director now directly owns 5,078,000 shares of the company’s stock, valued at approximately C$18,298,065.20.

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About Silvercorp Metals

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of precious and base metal mineral properties in China. Its flagship project is the Ying silver-lead-zinc project located in the Ying Mining District in Henan Province, China. The company was formerly known as SKN Resources Ltd.

Further Reading: Fundamental Analysis – How It Helps Investors

Earnings History for Silvercorp Metals (TSE:SVM)

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