Silvercorp Metals Inc (SVM) Director Sells C$147,600.00 in Stock

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Silvercorp Metals Inc (TSE:SVM) Director Rui Feng sold 40,000 shares of the stock in a transaction on Wednesday, June 13th. The shares were sold at an average price of C$3.69, for a total value of C$147,600.00.

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

  • On Monday, June 11th, Rui Feng sold 30,000 shares of Silvercorp Metals stock. The shares were sold at an average price of C$3.66, for a total transaction of C$109,800.00.
  • On Wednesday, May 30th, Rui Feng sold 30,000 shares of Silvercorp Metals stock. The stock was sold at an average price of C$3.70, for a total transaction of C$111,000.00.
  • On Monday, May 28th, Rui Feng sold 40,000 shares of Silvercorp Metals stock. The stock was sold at an average price of C$3.60, for a total transaction of C$144,000.00.

Shares of SVM stock opened at C$3.73 on Friday. Silvercorp Metals Inc has a 12-month low of C$2.72 and a 12-month high of C$4.34.

The company also recently declared a Semi-Annual dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 8th will be issued a $0.016 dividend. This represents a yield of 0.4%. This is an increase from Silvercorp Metals’s previous Semi-Annual dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 7th.

Separately, BMO Capital Markets set a C$4.75 price objective on shares of Silvercorp Metals and gave the company an “outperform” rating in a research note on Thursday, May 31st.

Silvercorp Metals Company Profile

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of precious and base metal mineral properties in China. The company holds interests in various silver-lead-zinc mines in the Ying Mining District in Henan Province, China, as well as GC mine, which includes silver, lead, and zinc exploration permits in Guangdong Province.

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

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