Silvercorp Metals (SVM) to Release Earnings on Thursday

Silvercorp Metals (NYSEAMERICAN:SVM) will be issuing its quarterly earnings data after the market closes on Thursday, May 23rd. Analysts expect the company to announce earnings of $0.05 per share for the quarter.

SVM stock opened at $2.17 on Wednesday. Silvercorp Metals has a 52 week low of $1.83 and a 52 week high of $3.12.

A hedge fund recently raised its stake in Silvercorp Metals stock. Geode Capital Management LLC boosted its holdings in shares of Silvercorp Metals Inc (NYSEAMERICAN:SVM) by 172.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,101 shares of the company’s stock after acquiring an additional 17,800 shares during the period. Geode Capital Management LLC’s holdings in Silvercorp Metals were worth $58,000 at the end of the most recent reporting period.

Separately, Zacks Investment Research raised shares of Silvercorp Metals from a “hold” rating to a “buy” rating and set a $3.00 target price for the company in a research note on Friday, March 22nd.

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About Silvercorp Metals

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of precious and base metal mineral properties in China. Its flagship project is the Ying silver-lead-zinc project located in the Ying Mining District in Henan Province, China. The company was formerly known as SKN Resources Ltd.

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Earnings History for Silvercorp Metals (NYSEAMERICAN:SVM)

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