Streetbeat News

SVM

Silvercorp Metals Inc.

https://www.silvercorpmetals.com

Industry

Silver

Silvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China and Mexico. The company primarily explores for silver, gold, lead, and zinc metals. It holds interests in the Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; Kuanping project located in Sanmenxia City, Shanzhou District, Henan Province, China; and La Yesca project located in northwest of Guadalajara, Mexico. The company was formerly known as SKN Resources Ltd. and changed its name to Silvercorp Metals Inc. in May 2005. Silvercorp Metals Inc. is headquartered in Vancouver, Canada.

Open

3.11

Mkt cap

664M

Volume

2.4M

High

3.12

P/E Ratio

10.52

52-wk high

5.32

Low

3.02

Div yield

0.01

52-wk low

2.22

Silvercorp's stock has declined by 35-40% due to market overreaction, making it a potential value investment. The Adventus acquisition diversifies its assets and the $150 million senior notes offering provides cheap capital for strategic projects.

Portfolio Pulse from

December 08, 2024 | 12:30 pm

Silvercorp Metals Inc. plans to develop the Condor gold project in Ecuador as a high-grade underground mine. A previous assessment had outlined it as a high tonnage, low-grade, open pit project.

Portfolio Pulse from

December 04, 2024 | 1:15 pm

Silvercorp Metals Inc. (SVM) has experienced a significant decline of 33.4% in its stock price over the past month. Investors are evaluating whether it is a good investment opportunity at this time.

Portfolio Pulse from

November 28, 2024 | 6:45 pm

Silvercorp Metals Inc. has closed a US$150 million convertible senior notes offering, with plans to use the proceeds for mining projects outside China and other developments.

Portfolio Pulse from

November 25, 2024 | 4:15 pm

Silvercorp Metals Inc. has been rated as a 'Buy' due to its high margins, low costs, and strong financial conditions. The company is well-positioned for future gains with robust silver production and diversification into projects outside China, despite recent stock price declines.

Portfolio Pulse from

November 22, 2024 | 9:45 am

Silvercorp Metals Inc. has announced the pricing of its US$130 million convertible senior notes offering, with an option for an additional US$20 million. The notes carry a 4.75% interest rate and are due in 2029.

Portfolio Pulse from

November 21, 2024 | 8:15 am

Silvercorp Metals Inc. announced a private placement offering of $130 million in convertible senior notes due 2029, with an option for an additional $20 million.

Portfolio Pulse from

November 19, 2024 | 9:30 pm

The article discusses whether Silvercorp Metals (SVM) is a good buy for value investors, focusing on the Zacks Rank system which emphasizes earnings estimates and revisions.

Portfolio Pulse from

November 12, 2024 | 4:00 pm

Silvercorp Metals Inc. has declared a semi-annual dividend of US$0.0125 per share, payable to shareholders of record on November 29, 2024, with payment by December 13, 2024. The dividend is eligible for Canadian tax purposes.

Portfolio Pulse from

November 11, 2024 | 10:30 pm

Silvercorp (SVM) reported Q2 earnings of $0.09 per share, surpassing the Zacks Consensus Estimate of $0.08. This marks an improvement from $0.07 per share a year ago.

Portfolio Pulse from

November 08, 2024 | 1:15 am

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