Silvercorp Metals (TSE:SVM) Price Target Raised to C$7.50

Silvercorp Metals (TSE:SVM) had its price objective increased by Raymond James from C$7.00 to C$7.50 in a research note released on Thursday morning, BayStreet.CA reports. Raymond James also issued estimates for Silvercorp Metals’ Q4 2026 earnings at $0.06 EPS.

Several other brokerages also recently issued reports on SVM. Canaccord Genuity Group cut their price objective on Silvercorp Metals from C$7.50 to C$7.00 and set a buy rating for the company in a research report on Wednesday, April 24th. BMO Capital Markets lifted their price objective on Silvercorp Metals from C$5.00 to C$6.00 in a research report on Thursday, April 25th. Finally, Eight Capital lifted their price objective on Silvercorp Metals from C$6.20 to C$7.00 in a research report on Thursday, July 11th.

Silvercorp Metals Price Performance

Shares of TSE:SVM opened at C$4.57 on Thursday. The business’s 50 day simple moving average is C$4.99 and its 200-day simple moving average is C$4.41. The firm has a market capitalization of C$808.07 million, a price-to-earnings ratio of 19.87, a price-to-earnings-growth ratio of 0.03 and a beta of 1.02. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.73 and a quick ratio of 4.43. Silvercorp Metals has a 12 month low of C$2.88 and a 12 month high of C$5.98.

Silvercorp Metals (TSE:SVM) last announced its quarterly earnings results on Thursday, May 23rd. The company reported C$0.03 EPS for the quarter, hitting the consensus estimate of C$0.03. The business had revenue of C$57.54 million for the quarter, compared to analyst estimates of C$52.82 million. Silvercorp Metals had a return on equity of 7.50% and a net margin of 15.01%. As a group, equities analysts forecast that Silvercorp Metals will post 0.314554 earnings per share for the current fiscal year.

Silvercorp Metals Announces Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, June 27th. Shareholders of record on Friday, June 7th were issued a $0.017 dividend. The ex-dividend date of this dividend was Friday, June 7th. This represents a yield of 0.23%. Silvercorp Metals’s dividend payout ratio (DPR) is presently 13.04%.

Insider Buying and Selling at Silvercorp Metals

In other Silvercorp Metals news, Director Yikang Liu sold 11,832 shares of the business’s stock in a transaction on Monday, May 27th. The stock was sold at an average price of C$5.65, for a total value of C$66,878.01. In other Silvercorp Metals news, Director Yikang Liu sold 11,832 shares of the business’s stock in a transaction on Monday, May 27th. The stock was sold at an average price of C$5.65, for a total value of C$66,878.01. Also, Senior Officer Derek Zhihua Liu sold 20,000 shares of the company’s stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of C$4.27, for a total value of C$85,300.00. 4.33% of the stock is currently owned by insiders.

About Silvercorp Metals

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.