Silvercorp Metals (SVM) to Release Earnings on Wednesday

Silvercorp Metals (TSE:SVM) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 7th. Analysts expect the company to announce earnings of C$0.07 per share for the quarter.

Silvercorp Metals (TSE:SVM) last posted its quarterly earnings results on Thursday, August 9th. The company reported C$0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.06 by C$0.02. The firm had revenue of C$58.24 million for the quarter, compared to analysts’ expectations of C$52.57 million.

Silvercorp Metals stock opened at C$3.06 on Tuesday. Silvercorp Metals has a fifty-two week low of C$2.72 and a fifty-two week high of C$4.02.

In other news, Director Rui Feng sold 30,000 shares of the company’s stock in a transaction dated Tuesday, August 14th. The stock was sold at an average price of C$3.48, for a total value of C$104,400.00. Also, Director Yikang Liu sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of C$3.46, for a total value of C$69,200.00. In the last quarter, insiders have sold 142,437 shares of company stock worth $466,577.

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Silvercorp Metals Company Profile

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of precious and base metal mineral properties in China. Its flagship project is the Ying silver-lead-zinc project located in the Ying Mining District in Henan Province, China. The company was formerly known as SKN Resources Ltd.

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Earnings History for Silvercorp Metals (TSE:SVM)

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