Silvercorp Metals Inc. (TSE:SVM) Director Sells C$21,429.29 in Stock

Silvercorp Metals Inc. (TSE:SVM) Director Yikang Liu sold 5,001 shares of the firm’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of C$4.29, for a total transaction of C$21,429.29.

Silvercorp Metals Stock Performance

SVM traded down C$0.15 during trading hours on Monday, hitting C$4.29. The stock had a trading volume of 392,443 shares, compared to its average volume of 386,558. Silvercorp Metals Inc. has a 1 year low of C$3.01 and a 1 year high of C$7.34. The company’s fifty day simple moving average is C$4.50 and its 200 day simple moving average is C$5.18. The stock has a market cap of C$929.94 million, a PE ratio of 11.59, a price-to-earnings-growth ratio of 0.03 and a beta of 1.15. The company has a quick ratio of 4.43, a current ratio of 4.03 and a debt-to-equity ratio of 0.21.

Silvercorp Metals (TSE:SVM) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.11 by C$0.01. Silvercorp Metals had a net margin of 21.57% and a return on equity of 10.92%. During the same period last year, the company earned $0.09 EPS. Equities analysts anticipate that Silvercorp Metals Inc. will post 0.5394046 earnings per share for the current year.

Silvercorp Metals Announces Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were issued a $0.017 dividend. This represents a dividend yield of 0.27%. The ex-dividend date of this dividend was Friday, November 29th. Silvercorp Metals’s payout ratio is currently 8.11%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets increased their target price on shares of Silvercorp Metals from C$7.00 to C$7.50 in a research report on Tuesday, October 29th.

About Silvercorp Metals

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties. The company primarily explores for silver, gold, lead, and zinc metals. It holds interest mines located in the Henan Province, Guangdong Province, and Hunan Province in China.