BMO Capital analyst Ryan Thompson maintained a Hold rating on Silvercorp Metals (NYSE:SVM) Inc on Tuesday, setting a price target of $10.5, which is approximately 21.25% above the present share price of $8.66.
Thompson expects Silvercorp Metals Inc to post earnings per share (EPS) of $0.02 for the third quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Silvercorp Metals, with an average price target of $8.81.
The analysts price targets range from a high of $10.5 to a low of $7.67.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $18.86 million and a net profit of $542 thousand. The company's market cap is $1.51 billion.
According to TipRanks.com, BMO Capital analyst Ryan Thompson is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 31.9% and a 71.76% success rate.
Silvercorp Metals, Inc. engages in the development and exploration of mineral properties. It operates through the Mining, and Administrative segments. The Mining segment comprises of the operation in Henan Luoning, Hunan, Guangdong, and other. The Administrative segment covers operation in Vancouver, and Beijing. The company was founded by Rui Feng on October 31, 1991 and is headquartered in Vancouver, Canada.