FY2027 EPS Estimate for Silvercorp Metals Reduced by Analyst

Silvercorp Metals Inc. (TSE:SVM) – Cormark decreased their FY2027 EPS estimates for shares of Silvercorp Metals in a report issued on Monday, November 10th. Cormark analyst N. Dion now expects that the company will post earnings of $0.76 per share for the year, down from their prior estimate of $0.78. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Silvercorp Metals’ current full-year earnings is $0.54 per share.

Other research analysts have also issued research reports about the company. BMO Capital Markets increased their target price on Silvercorp Metals from C$10.00 to C$12.00 in a research report on Thursday, October 16th. Canaccord Genuity Group upped their target price on shares of Silvercorp Metals from C$9.50 to C$13.00 in a research report on Thursday, October 2nd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Silvercorp Metals has a consensus rating of “Buy” and an average target price of C$12.50.

Silvercorp Metals Trading Up 2.0%

SVM stock traded up C$0.19 during trading on Wednesday, reaching C$9.61. The company had a trading volume of 78,405 shares, compared to its average volume of 688,732. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.04 and a quick ratio of 4.43. Silvercorp Metals has a 52 week low of C$4.14 and a 52 week high of C$10.92. The business has a 50 day moving average of C$8.61 and a 200 day moving average of C$6.86. The company has a market cap of C$2.10 billion, a P/E ratio of 39.71, a PEG ratio of 0.03 and a beta of 1.77.

Insiders Place Their Bets

In other news, insider Derek Zhihua Liu sold 40,000 shares of Silvercorp Metals stock in a transaction on Friday, August 29th. The shares were sold at an average price of C$6.69, for a total transaction of C$267,664.00. Following the transaction, the insider owned 132,010 shares in the company, valued at C$883,358.12. This trade represents a 23.25% decrease in their position. Insiders own 3.67% of the company’s stock.

Silvercorp Metals Company Profile

Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc.