Insider Selling: Silvercorp Metals Inc (SVM) Director Sells 33,000 Shares of Stock

Silvercorp Metals Inc (TSE:SVM) Director Rui Feng sold 33,000 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of C$3.85, for a total value of C$127,050.00.

Rui Feng also recently made the following trade(s):

  • On Wednesday, August 30th, Rui Feng sold 34,000 shares of Silvercorp Metals stock. The shares were sold at an average price of C$3.76, for a total value of C$127,840.00.
  • On Thursday, August 31st, Rui Feng sold 33,000 shares of Silvercorp Metals stock. The shares were sold at an average price of C$3.87, for a total value of C$127,710.00.

Silvercorp Metals Inc (SVM) opened at 3.66 on Friday. Silvercorp Metals Inc has a 52-week low of $2.82 and a 52-week high of $5.90. The firm has a market cap of $614.48 million and a PE ratio of 13.07. The firm’s 50-day moving average price is $3.66 and its 200 day moving average price is $4.12.

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Separately, Roth Capital reiterated a “buy” rating on shares of Silvercorp Metals in a research report on Monday, August 28th.

Silvercorp Metals Company Profile

Silvercorp Metals Inc (Silvercorp) is a silver-producing Canadian mining company. The Company is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. The Company’s segments include Mining, including projects, such as Henan Luoning, Hunan, Guangdong and Other, and Administrative, which includes Beijing and Vancouver.

Insider Buying and Selling by Quarter for Silvercorp Metals (TSE:SVM)

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