Canaccord Genuity analyst Dalton Baretto maintained a Hold rating on Silvercorp Metals (NYSE:SVM) Inc on Thursday, setting a price target of C$10.75, which is approximately 8.11% above the present share price of $7.52.
Baretto expects Silvercorp Metals Inc to post earnings per share (EPS) of $0.09 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Silvercorp Metals, with an average price target of $8.22.
The analysts price targets range from a high of $9.25 to a low of $7.56.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $46.71 million and a net profit of $20.56 million. The company's market cap is $1.31 billion.
According to TipRanks.com, Canaccord Genuity analyst Dalton Baretto is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.6% and a 61.13% 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.