Silvercorp Metals Inc. (SVM:CA) Rises 6.13%

November 11 was a positive day for Silvercorp Metals Inc. (SVM:CA) as its stock finished the day having gained 6.13% to hit a price of $5.89 a share. The company reached a market cap of 988.81 million and has 172.29 million shares outstanding. Silvercorp Metals Inc. is a component of the the S&P/TSX SmallCap Index.

635,842 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Silvercorp Metals Inc..

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. Its segments are Mining and Administrative. Its projects include Ying Mine, HPG Mine, TLP Mine, LM Mine in the Ying Mining District, BYP Gold- Lead-Zinc Mine and the Gaocheng project.. The company makes its home in Vancouver, BC, and is currently under the leadership of CEO Rui Feng.

Silvercorp Metals Inc. has hit a high of $6.16 and reached a low of $2.44 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 2.12.

The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

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