Silvercorp Metals (TSE:SVM) Shares Cross Below 50-Day Moving Average - Here's What Happened

Silvercorp Metals Inc. (TSE:SVM - Get Free Report)'s share price crossed 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.

Silvercorp Metals Stock Up 1.8 %

The business's 50 day moving average is C$5.36 and its 200-day moving average is C$5.21. 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 company has a market cap of C$780.34 million, a PE ratio of 13.11, a P/E/G ratio of 0.03 and a beta of 1.15.

Silvercorp Metals (TSE:SVM - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported C$0.10 earnings per share for the quarter. Silvercorp Metals had a net margin of 23.07% and a return on equity of 9.91%. During the same quarter in the prior year, the firm posted $0.06 earnings per share. As a group, analysts predict 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.