An increasingly favourable environment allows SILVERCORP METALS INCO. to improve to Neutral
The independent financial analyst theScreener just upgraded the general evaluation of SILVERCORP METALS INCO. (CA), a company active in the Platinum & Precious Metals industry. As regards its fundamental valuation, the title confirms its rating of 3 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date February 18, 2022, the closing price was CAD 4.54 and its expected value was estimated at CAD 4.51.Silvercorp Metals is engaged in the operation and development of and in the acquisition and exploration for high-grade silver-related mineral properties in the People's Republic of China. The Ying Mining District consists of four mines (SGX, HPG, TLP, and LM) and is Co.'s primary source of production.
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