Silvercorp Metals (TSE:SVM) Stock Passes Below Fifty Day Moving Average – What’s Next?

Silvercorp Metals Inc. (TSE:SVM) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$5.36 and traded as low as C$5.16. Silvercorp Metals shares last traded at C$5.18, with a volume of 619,600 shares changing hands.

Silvercorp Metals Stock Performance

The business’s fifty day moving average price is C$5.36 and its 200-day moving average price is C$5.24. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.04 and a quick ratio of 4.43. The stock has a market capitalization of C$792.58 million, a PE ratio of 13.32, a P/E/G ratio of 0.03 and a beta of 1.15.

Silvercorp Metals (TSE:SVM) last posted its earnings results on Tuesday, February 11th. The company reported C$0.10 earnings per share (EPS) for the quarter. Silvercorp Metals had a net margin of 23.07% and a return on equity of 9.91%. During the same period in the previous year, the firm posted $0.06 EPS. As a group, equities research analysts expect that Silvercorp Metals Inc. will post 0.5394046 EPS for the current year.

About Silvercorp Metals

Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. The group produces silver, gold, lead, and zinc.