Silvercorp Metals Inc (NYSEMKT:SVM) Given “Buy” Rating at Roth Capital

Roth Capital restated their buy rating on shares of Silvercorp Metals Inc (NYSEMKT:SVM) in a report released on Monday, August 28th.

Shares of Silvercorp Metals (NYSEMKT SVM) traded down 4.78% during mid-day trading on Monday, reaching $2.99. The company’s stock had a trading volume of 389,656 shares. The company has a 50-day moving average of $2.93 and a 200-day moving average of $2.95. Silvercorp Metals has a 12 month low of $2.07 and a 12 month high of $4.50. The company has a market cap of $502.00 million and a P/E ratio of 10.68.

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Silvercorp Metals Company Profile

Silvercorp Metals Inc (Silvercorp) is a silver-producing Canadian mining company. The Company is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. The Company’s segments include Mining, including projects, such as Henan Luoning, Hunan, Guangdong and Other, and Administrative, which includes Beijing and Vancouver.

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