Silvercorp Metals Inc (SVM) Director Rui Feng Sells 30,000 Shares

Silvercorp Metals Inc (TSE:SVM) Director Rui Feng sold 30,000 shares of the firm’s stock in a transaction dated Monday, June 11th. The stock was sold at an average price of C$3.66, for a total transaction of C$109,800.00.

Rui Feng also recently made the following trade(s):

  • On Wednesday, June 13th, Rui Feng sold 40,000 shares of Silvercorp Metals stock. The stock was sold at an average price of C$3.69, for a total transaction of C$147,600.00.
  • On Wednesday, May 30th, Rui Feng sold 30,000 shares of Silvercorp Metals stock. The stock was sold at an average price of C$3.70, for a total transaction of C$111,000.00.
  • On Monday, May 28th, Rui Feng sold 40,000 shares of Silvercorp Metals stock. The stock was sold at an average price of C$3.60, for a total transaction of C$144,000.00.

Shares of Silvercorp Metals traded down C$0.11, hitting C$3.57, during midday trading on Friday, according to MarketBeat. The stock had a trading volume of 1,365,437 shares, compared to its average volume of 352,719. Silvercorp Metals Inc has a fifty-two week low of C$2.72 and a fifty-two week high of C$4.34.

The company also recently announced a Semi-Annual dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 8th will be issued a $0.016 dividend. This represents a dividend yield of 0.4%. This is a boost from Silvercorp Metals’s previous Semi-Annual dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 7th.

Separately, BMO Capital Markets set a C$4.75 target price on shares of Silvercorp Metals and gave the stock an “outperform” rating in a report on Thursday, May 31st.

Silvercorp Metals Company Profile

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of precious and base metal mineral properties in China. The company holds interests in various silver-lead-zinc mines in the Ying Mining District in Henan Province, China, as well as GC mine, which includes silver, lead, and zinc exploration permits in Guangdong Province.

Insider Buying and Selling by Quarter for Silvercorp Metals (TSE:SVM)

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