Silvercorp Metals Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

Vancouver, british columbia--(newsfile corp. - april 26, 2024) - salazar resources limited (tsxv: srl) (otcqb: srlzf) (fse: ccg) ("salazar" or the "company") is pleased with today's announcement of the proposed acquisition by silvercorp metals inc. (tsx: svm) (nyse: svm) ("silvercorp") of adventus mining corporation (tsxv: adzn) (otcqx: advzf) ("adventus"), and salazar would be glad to welcome silvercorp as its new strategic partner and co-owner of the construction-ready el domo - curipamba project as well as the pijili and santiago exploration projects in ecuador. earlier today, silvercorp announced its intension to acquire adventus, who has been salazar's trusted partner since 2017, by way of an arrangement (the "transaction") that the parties estimate will close during the summer of 2024 following receipt of shareholder and court approval.

Trading symbol:            tsx: svm                                         nyse american: svm vancouver, bc , april 23, 2024 /prnewswire/ - silvercorp metals inc. ("silvercorp" or the "company") (tsx: svm) (nyse american: svm) reports production and sales figures for the fourth quarter (q4 fiscal 2024) and fiscal year ended march 31, 2024 ("fiscal 2024") and the production and cost guidance for the 2025 fiscal year ending march 31, 2025 ('fiscal 2025"). the company expects to release its fiscal 2024 audited financial results on thursday, may 23, 2024 after market close.

Trading symbol: tsx:  svm  nyse american: svm vancouver, bc , march 25, 2024 /prnewswire/ - silvercorp metals inc. ("silvercorp" or the "company") (tsx: svm) (nyse american: svm) announced today that, further to its off-market takeover bid (the "offer") for all of the ordinary shares in orecorp limited ("orecorp") (asx:orr), silvercorp did not satisfy the 50.1% minimum acceptance condition prior to the close of the offer on march 22, 2024 and elected not to exercise its "right to match" a competing offer for orecorp. silvercorp will remain entitled to payment of a break fee of approximately aud$2.8 million in certain circumstances, as set out in the bid. about silvercorp silvercorp is a canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential.

Trading symbol: tsx: svm                              nyse american: svm vancouver, bc , march 15, 2024 /prnewswire/ - silvercorp metals inc. ("silvercorp" or the "company") (tsx: svm) (nyse american: svm) reminds its shareholders, and shareholders of orecorp limited ("orecorp") (asx:orr), that its off-market takeover bid for all of the ordinary shares in orecorp that it does not already own ("silvercorp offer") will close at 7:00pm (sydney time) on march 22, 2024. silvercorp notes that as of market close on thursday march 14, 2024 the silvercorp offer has an implied value of a$0.60 per orecorp share1.

Trading symbol: tsx: svm nyse american: svm vancouver, bc , march 10, 2024 /prnewswire/ - silvercorp metals inc. ("silvercorp" or the "company") (tsx: svm) (nyse american: svm) today wishes to inform its shareholders, and shareholders of orecorp limited ("orecorp") (asx:orr), that it intends to file a third supplementary bidder statement to indicate that the company will not waive its 50.1% minimum acceptance condition (the "condition") relating to its off-market takeover bid for all of the ordinary shares in orecorp that it does not already own (the "offer") in exchange for consideration comprising 0.0967 common shares of silvercorp and a$0.19 cash per orecorp share (the "consideration"). the supplementary bidder's statement will be lodged with the australian securities and investments commission.

Silver has surged impressively, defying expectations amidst a buoyant economic landscape and optimistic market sentiments. Its recent rally showcases an upward trajectory, with Silver Futures currently trading at $28.09 per ounce, marking an impressive 17% increase year-to-date from the starting point of $23.95.

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Silver miner ETF (SLVP) topped the list of best-performing ETFs in the past month, gaining 27.4%. Being a leveraged play, metal miners tend to experience more gains than their bullion cousins in a rising metal market.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The ongoing acquisition of OreCorp is potentially transformative. The Nyanzaga gold project in Tanzania, owned by OreCorp, is projected to produce an average of 240,000 ounces of gold per year at AISC below $1000 per ounce. The acquisition is contested by Perseus Mining, but Silvercorp is likely to complete the transaction.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The article lists seven small-cap stocks for those looking for opportunities that promise exponential return potential. From innovative biotech firms to edgy technology providers, small-cap stocks are making waves in various industries, offering the chance to capitalize on their leads.

Silvercorp Metals Inc. (SVM) Q3 2024 Earnings Call Transcript

Silvercorp Metals Inc. is trading at a very cheap valuation compared to its peers, despite having a much stronger track record of profitability. The company owns 27% of New Pacific Metals, an exciting and undervalued silver explorer and developer. Silvercorp is set to grow production from its flagship Ying Mine project by over 20% by FY 2026 via optimization and exploration activities.

Silvercorp Metals Inc.'s Q2 production and sales show a decline in silver production but an increase in gold production and overall positive performance. Production costs have declined, while selling prices for gold, silver, and lead have increased. We forecast a large ramp in production, coupled with favorable pricing, indicating continued upside for Silvercorp Metals Inc. stock.