Silvercorp Metals (SVM) Projected to Post Earnings on Tuesday

Silvercorp Metals (NYSEAMERICAN:SVM) is expected to announce its earnings results after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $83.80 million for the quarter.

Silvercorp Metals (NYSEAMERICAN:SVM) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Silvercorp Metals had a net margin of 23.07% and a return on equity of 8.12%. The company had revenue of $68.00 million for the quarter, compared to analyst estimates of $67.90 million. On average, analysts expect Silvercorp Metals to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Silvercorp Metals Stock Up 0.3 %

Shares of NYSEAMERICAN:SVM opened at $3.15 on Tuesday. The company has a market cap of $685.82 million, a price-to-earnings ratio of 10.83 and a beta of 1.20. Silvercorp Metals has a 1 year low of $2.22 and a 1 year high of $5.32.

Silvercorp Metals Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a dividend of $0.0125 per share. This represents a yield of 0.6%. The ex-dividend date was Friday, November 29th. Silvercorp Metals’s payout ratio is currently 10.00%.

Silvercorp Metals Company Profile

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 a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.