Insider Selling: Silvercorp Metals Inc. (TSE:SVM) Director Sells 5,001 Shares of Stock

Silvercorp Metals Inc. (TSE:SVM) Director Yikang Liu sold 5,001 shares of the company’s stock in a transaction 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 Stock Down 3.4 %

Shares of TSE SVM traded down C$0.15 during trading on Monday, hitting C$4.29. 392,443 shares of the company traded hands, compared to its average volume of 386,558. The firm has a market capitalization of C$929.94 million, a price-to-earnings ratio of 11.59, a P/E/G ratio of 0.03 and a beta of 1.15. The business’s fifty day moving average is C$4.50 and its 200 day moving average is C$5.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 4.43 and a current ratio of 4.03. Silvercorp Metals Inc. has a fifty-two week low of C$3.01 and a fifty-two week high of C$7.34.

Silvercorp Metals (TSE:SVM) last announced 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 return on equity of 10.92% and a net margin of 21.57%. During the same period last year, the company earned $0.09 EPS. Equities research analysts predict that Silvercorp Metals Inc. will post 0.5394046 earnings per share 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 dividend of $0.017 per share. The ex-dividend date was Friday, November 29th. This represents a yield of 0.27%. Silvercorp Metals’s dividend payout ratio (DPR) is presently 8.11%.

Wall Street Analyst Weigh In

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

Silvercorp Metals Company Profile

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.