Silvercorp Metals (TSE:SVM) Issues Earnings Results

Silvercorp Metals (TSE:SVM) issued its quarterly earnings results on Tuesday. The company reported C$0.10 EPS for the quarter, RTT News reports. Silvercorp Metals had a net margin of 21.57% and a return on equity of 10.92%. During the same period in the previous year, the firm posted $0.06 earnings per share.

Silvercorp Metals Stock Performance

TSE:SVM opened at C$4.97 on Thursday. Silvercorp Metals has a 12 month low of C$3.03 and a 12 month high of C$7.34. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.03 and a quick ratio of 4.43. The firm has a market capitalization of C$1.08 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 0.03 and a beta of 1.15. The business’s fifty day moving average price is C$4.46 and its 200 day moving average price is C$5.14.

Silvercorp Metals Announces Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were given a dividend of $0.017 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a dividend yield of 0.27%. Silvercorp Metals’s dividend payout ratio (DPR) is currently 8.11%.

Analyst Ratings Changes

Separately, BMO Capital Markets upped 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.