Trading Symbol TSX: SVM NYSE American: SVM VANCOUVER, British Columbia , July 6, 2021 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM ) (NYSE: SVM ) is pleased to report results from its 2021 exploration programs at the SGX mine. Extensive exploration drilling and tunneling are ongoing at the SGX mine, and all other mines at the Ying Mining District, Henan Province , China . From October 1, 2020 to June 30, 2021 , 48,867 metres ("m") from a total of 298 diamond drill holes, including 242 underground holes and 56 surface holes, were completed at the SGX mine. Assay results for 254 holes have been received, with 166 holes intercepting mineralization. The diamond drilling program at the SGX mine targeted: (1) blocks of known silver-lead-zinc veins; (2) blocks of silver-lead-zinc veins with gold grades but low silver-lead-zinc grades; (3) gold veins in and above the existing production areas; and (4) newly-discovered gold veins outside the production areas. Currently, 20 rigs are drilling at the SGX mine.
The rutile explorer surged by almost 12% but struggled to hold onto its morning gains. The post Why the Sovereign Metals (ASX:SVM) share price spiked today appeared first on The Motley Fool Australia .
to now own 4.4 million shares with option to purchase more Canadian company Omai Gold Mines, which recently made a deal with fellow Canadian company Silvercorp Metals to sell 15.2 per cent of its shares, has officially concluded the transaction. According to Omai Gold Mines, the company has closed its deal with Silvercorp Metals,  The post Silvercorp snaps up 15.2% shares in Omai Gold Mines appeared first on Guyana Times .
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Silvercorp Metals Inc. with ticker code (SVM) now have 2 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 3.8 and 3.25 with the average target price sitting at 3.52. With the stocks previous close at 7.47 this would indicate that there is a downside of -52.9%. The 50 day moving average now sits at 7.33 and the 200 day moving average is 6.41. The market capitalisation for the company is $1,276m. Company Website: /> [stock_market_widget type="chart" symbol="SVM" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Silvercorp Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds interest in Ying silver-lead- zinc project located in the Ying Mining District in Henan Province, China; and GC silver-lead-zinc mine in Guangdong Province, China. The company was formerly known as SKN Resources Ltd. and changed its name to Silvercorp Metals Inc. in May 2005.
Oasis Petroleum Inc. (OAS) with the stream of 0.33% also noticed, India Silvercorp Metals Inc. (SVM) encountered a rapid change of -0.79% in the last hour of Wednesdays trading session. The post Hesitation to buy this Stock might leave you disappointed: Oasis Petroleum Inc. (NASDAQ:OAS), Silvercorp Metals Inc. (AMEX:SVM) appeared first on Stocks Equity .
Trading Symbol TSX: SVM NYSE American: SVM VANCOUVER, BC, June 22, 2021 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX/NYSE American: SVM) reports that the Company has filed today its fiscal 2021 annual report on Form 40-F with the U.S. Securities and Exchange
Tuesday, June 22, 2021 11:21 AM EST - Silvercorp Metals Inc : Report results from its 2021 exploration programs at the LME mine. Extensive exploration drilling and tunneling are ongoing at the LME mine, and all other mines at the Ying Mining District, Henan Province , China. From October 1, 2020 to May 31, 2021 , 17,752 metres ("m") from a total of 113 diamond drill holes, including 98 underground holes and 15 surface holes, were completed at the LME mine. Assay results for 102 holes have been received, with 52 holes intercepting mineralization. Currently, seven rigs are drilling at the LME mine. Silvercorp Metals Inc ( T.SVM ) shares were down $0.08 at 7.07. Stocks in Play: Silvercorp Metals Inc, Tue, 22 Jun 2021 11:27:10 EST
Trading Symbol TSX: SVM NYSE American: SVM VANCOUVER, British Columbia, June 22, 2021 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American:
Sovereign Metals Ltd (ASX:SVM) (FRA:SVM) managing director Dr Julian Stephens has demonstrated his faith in the companys rutile and graphite strategy by the exercise of unlisted options. On June 18 Stephens exercised 2 million 10-cent options and in doing so has increased the number of securities held in an indirect interest to 13.3 million. Kasiya maiden resource estimate The company recently established a maiden rutile mineral resource estimate for the Kasiya prospect in Malawi of 644 million tonnes at 1.01% rutile, including a high-grade component of 137 million tonnes at 1.41% rutile. This major technical milestone makes Kasiya one of the world''s largest rutile deposits. A scoping study is underway to unlock this large-scale natural rutile project with a focus on ESG and sustainability. Substantial additional resource growth is expected with the maiden estimate covering 49 square kilometres or just 43% of the total 114 square kilometres drill-defined rutile-mineralised footprint.
Canaccord Genuity analyst Dalton Baretto maintained a Buy rating on Silvercorp Metals (SVM) yesterday and set a price target of C$9.50. The post Canaccord Genuity Keeps Their Buy Rating on Silvercorp Metals (SVM) appeared first on Smarter Analyst .
Silvercorp Metals Inc (TSE:SVM) (NYSEAMERICAN:SVM) said it intersected gold and silver during an exploration program at the HPG mine in Chinas Henan Province. The program which is ongoing consisted of extensive exploration drilling and tunneling. In addition to the HPG mine, the polymetallic producer also has several other projects inside the Ying silver, lead, zinc property in the Henan Province, including the SGX, HZG, TLP, LME and LMW underground mines. The company said that between November 1, 2020, and May 31, 2021, it completed 23,977 meters (m) via a total of 133 diamond drill holes, including 66 underground holes and 67 surface holes at the HPG mine. READ: Silvercorp Metals reveals numerous high-grade intercepts from drill program at its TLP Mine in the Ying Mining District To date results from 127 holes have been revealed, of which 51 holes intercepted mineralization. There are currently 11 rigs conducting drills at the HPG mine. Part of the exploration efforts targeted blocks of known silver, lead, zinc and gold veins in the production areas that were previously missed due to limited drilling and tunneling.
The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.s public companies filed in the week ended June 3, 2021. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com. Insider Eric S. Sprott, 10% owner Company: New Found Gold Corp. (TSX-V:NFG) Shares owned: 27,551,200 Trade date: May 28 Trade total: $1,118,000 Trade: Sale of 100,000 shares at a price of $11.18 per share Insider Rui Feng, director Company: Silvercorp Metals Inc. (TSX:SVM) Shares owned: 5,618,000 Trade date: May 28 Trade total: $232,200 Trade: Sale of 30,000 shares at a price of $7.74 per share Insider Rui Feng, director Company: New Pacific Metals Corp. (TSX:NUAG) Shares owned: 10,242,400 Trade date: May 28 Trade total: $137,200 Trade: Sale of 20,000 shares at a price of $6.86 per share Insider Jerry Kroll, director Company: ElectraMeccanica Vehicles Corp. (Nasdaq:SOLO) Shares owned: 2,755,798 Trade date: May 28 Trade total: US$188,541 Trade: Sale of 49,616 shares at a price of US$3.
Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) balances profitability, social and environmental relations, and sustainable development. The post TFSA Investors: 1 Precious Metals Value Stock Set to Outperform appeared first on The Motley Fool Canada .
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