Silvercorp Metals Inc. (TSE:SVM) Plans $0.02 Semi-Annual Dividend

Silvercorp Metals Inc. (TSE:SVM) declared a Semi-Annual dividend on Friday, November 29th,Zacks Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.017 per share on Friday, December 13th. This represents a dividend yield of 0.27%. The ex-dividend date of this dividend is Friday, November 29th.

Silvercorp Metals Trading Down 2.1 %

Shares of SVM opened at C$4.57 on Thursday. Silvercorp Metals has a fifty-two week low of C$3.01 and a fifty-two week high of C$7.34. The business has a 50-day moving average of C$6.04 and a 200 day moving average of C$5.35. The firm has a market cap of C$990.64 million, a P/E ratio of 12.35, a price-to-earnings-growth ratio of 0.03 and a beta of 1.15. The company has a debt-to-equity ratio of 0.21, a quick ratio of 4.43 and a current ratio of 4.03.

Insider Buying and Selling at Silvercorp Metals

In other Silvercorp Metals news, Director Yikang Liu sold 3,800 shares of the business’s stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of C$7.00, for a total value of C$26,600.00. Also, Senior Officer Derek Zhihua Liu sold 53,333 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$5.86, for a total transaction of C$312,531.38. Insiders sold a total of 60,393 shares of company stock valued at $360,682 in the last three months. Company insiders own 3.67% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on SVM shares. Raymond James boosted their price target on shares of Silvercorp Metals from C$7.00 to C$7.50 in a research report on Thursday, August 1st. BMO Capital Markets boosted their target price on shares of Silvercorp Metals from C$7.00 to C$7.50 in a 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.