Mining Stocks Being Sold
Silvercorp Metals (TSE:SVM) Director David Tokpay Kong sold 65,000 shares of Silvercorp Metals stock in a transaction dated Friday, March 16th. The stock was sold at an average price of C$3.40, for a total value of C$221,000.00.
David Tokpay Kong also recently made the following trade(s):
Thursday, March 22nd, David Tokpay Kong sold 5,000 shares of Silvercorp Metals stock. The shares were sold at an average price of C$3.43, for a total value of C$17,150.00.
On Monday, March 12th, David Tokpay Kong sold 15,000 shares of Silvercorp Metals stock. The shares were sold at an average price of C$3.27, for a total value of C$49,050.00.
Shares of TSE SVM traded up C$0.04 during midday trading on Monday, reaching C$3.41. The company had a trading volume of 303,066 shares, compared to its average volume of 396,924. Silvercorp Metals has a one year low of C$2.72 and a one year high of C$5.46.
Silvercorp Metals (TSE:SVM) last released its earnings results on Thursday, February 8th. The company reported C$0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.08. Silvercorp Metals had a return on equity of 16.73% and a net margin of 36.23%. The company had revenue of C$56.33 million during the quarter, compared to analyst estimates of C$52.55 million.
About Silvercorp Metals
Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of precious and base metal mineral properties in China. The company holds interests in various silver-lead-zinc mines in the Ying Mining District in Henan Province, China, as well as GC mine, which includes silver, lead, and zinc exploration permits in Guangdong Province.
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