Shares of Silvercorp Metals Inc. (TSE:SVM – Get Rating) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$4.35 and traded as low as C$4.21. Silvercorp Metals shares last traded at C$4.24, with a volume of 214,826 shares.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Pi Financial boosted their price objective on shares of Silvercorp Metals from C$6.00 to C$6.75 in a report on Tuesday, February 7th. Raymond James boosted their price objective on shares of Silvercorp Metals from C$6.15 to C$6.50 and gave the stock an "outperform" rating in a report on Friday, February 10th.

Silvercorp Metals Trading Down 1.9 %

The company has a debt-to-equity ratio of 0.12, a current ratio of 4.77 and a quick ratio of 4.43. The company has a market cap of C$749.50 million, a price-to-earnings ratio of 23.56, a PEG ratio of 0.03 and a beta of 0.70. The business's 50-day simple moving average is C$4.35 and its 200-day simple moving average is C$3.78.

Silvercorp Metals (TSE:SVM – Get Rating) last announced its earnings results on Thursday, February 9th. The company reported C$0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.08 by C$0.01. The company had revenue of C$79.63 million during the quarter, compared to analysts' expectations of C$75.31 million. Silvercorp Metals had a net margin of 11.29% and a return on equity of 4.22%. Research analysts predict that Silvercorp Metals Inc. will post 0.3212209 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Yikang Liu sold 7,167 shares of the business's stock in a transaction that occurred on Friday, December 9th. The shares were sold at an average price of C$3.97, for a total value of C$28,465.17. Following the completion of the transaction, the director now owns 83,333 shares of the company's stock, valued at C$330,973.68. Company insiders own 4.32% of the company's stock.

Silvercorp Metals Company Profile

(Get Rating)

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China and Mexico. The company primarily explores for silver, gold, lead, and zinc metals. It holds interests in the Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; Kuanping project located in Sanmenxia City, Shanzhou District, Henan Province, China; and La Yesca project located in northwest of Guadalajara, Mexico.

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