Insider Selling: Silvercorp Metals Inc. (TSE:SVM) Director Sells C$21,429.29 in Stock

Silvercorp Metals Inc. (TSE:SVM) Director Yikang Liu sold 5,001 shares of Silvercorp Metals stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of C$4.29, for a total transaction of C$21,429.29.

Silvercorp Metals Trading Up 2.8 %

TSE SVM opened at C$4.46 on Thursday. Silvercorp Metals Inc. has a 52 week low of C$3.01 and a 52 week high of C$7.34. The company has a 50 day moving average price of C$4.45 and a 200 day moving average price of C$5.17. The company has a quick ratio of 4.43, a current ratio of 4.03 and a debt-to-equity ratio of 0.21. The firm has a market cap of C$966.79 million, a PE ratio of 12.05, a price-to-earnings-growth ratio of 0.03 and a beta of 1.15.

Silvercorp Metals (TSE:SVM) last released its quarterly earnings results on Thursday, November 7th. The company reported C$0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.11 by C$0.01. Silvercorp Metals had a net margin of 21.57% and a return on equity of 10.92%. During the same period last year, the company earned $0.09 EPS. As a group, sell-side analysts forecast that Silvercorp Metals Inc. will post 0.5394046 EPS for the current fiscal year.

Silvercorp Metals Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, December 13th were paid a $0.017 dividend. This represents a yield of 0.27%. The ex-dividend date was Friday, November 29th. Silvercorp Metals’s dividend payout ratio (DPR) is presently 8.11%.

Analysts Set New Price Targets

Separately, BMO Capital Markets lifted their price target on Silvercorp Metals from C$7.00 to C$7.50 in a report on Tuesday, October 29th.

About Silvercorp Metals

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties. The company primarily explores for silver, gold, lead, and zinc metals. It holds interest mines located in the Henan Province, Guangdong Province, and Hunan Province in China.