Silvercorp Metals Inc (SVM) Insider Sells C$27,975.00 in Stock

Saturday, June 30 2018

Silvercorp Metals Inc (SVM) Insider Sells C$27,975.00 in Stock

Posted by Anna Parker Philips on Jun 30th, 2018 // No Comments
Silvercorp Metals Inc (TSE:SVM) insider Jialiang Yuan sold 7,500 shares of the company’s stock in a transaction on Friday, June 22nd. The shares were sold at an average price of C$3.73, for a total value of C$27,975.00.
Silvercorp Metals opened at C$3.47 on Friday, according to MarketBeat . Silvercorp Metals Inc has a 12-month low of C$2.72 and a 12-month high of C$4.25. Get Silvercorp Metals alerts:
Silvercorp Metals (TSE:SVM) last posted its quarterly earnings results on Thursday, May 24th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). Silvercorp Metals had a return on equity of 16.73% and a net margin of 36.23%. The firm had revenue of C$48.60 million for the quarter, compared to the consensus estimate of C$47.31 million. The company also recently declared a Semi-Annual dividend, which was paid on Friday, June 29th. Stockholders of record on Friday, June 8th were given a dividend of $0.016 per share. This is an increase from Silvercorp Metals’s previous Semi-Annual dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 7th. This represents a dividend yield of 0.4%.
Separately, BMO Capital Markets set a C$4.75 price target on Silvercorp Metals and gave the stock an “outperform” rating in a research 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. Receive News & Ratings for Silvercorp Metals analysts' ratings for Silvercorp Metals and related companies daily email newsletter .