Raymond James Financial Inc. Boosts Silvercorp Metals Inc (SVM) Price Target to C$4.00

Silvercorp Metals Inc (TSE:SVM) had its price objective increased by Raymond James Financial Inc. from C$3.00 to C$4.00 in a report issued on Friday morning.

Silvercorp Metals (TSE:SVM) opened at 4.34 on Friday. Silvercorp Metals has a 52 week low of $0.60 and a 52 week high of $4.73. The firm has a market cap of $724.78 million and a price-to-earnings ratio of 83.46. The stock has a 50 day moving average price of $4.21 and a 200 day moving average price of $3.14.

Silvercorp Metals Company Profile

Silvercorp Metals Inc (Silvercorp) is a silver-producing Canadian mining company. The Company is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. The Company’s segments include Mining, including projects, such as Henan Luoning, Hunan, Guangdong and Other, and Administrative, which includes Beijing and Vancouver.

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