Silvercorp Metals (TSE:SVM) Share Price Passes Below Fifty Day Moving Average - Here's What Happened

Silvercorp Metals Inc. (TSE:SVM - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$5.26 and traded as low as C$4.57. Silvercorp Metals shares last traded at C$4.60, with a volume of 521,117 shares traded.

Silvercorp Metals Stock Up 1.5 %

The firm has a market capitalization of C$815.53 million, a price-to-earnings ratio of 13.70, a price-to-earnings-growth ratio of 0.03 and a beta of 1.15. The company has a debt-to-equity ratio of 0.18, a quick ratio of 4.43 and a current ratio of 3.04. The business's 50 day moving average is C$5.29 and its 200-day moving average is C$5.26.

Silvercorp Metals (TSE:SVM - Get Free Report) last announced 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 quarter last year, the company earned $0.06 EPS. Equities analysts anticipate that Silvercorp Metals Inc. will post 0.5394046 EPS for the current fiscal year.

Silvercorp Metals Company Profile

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.