Silvercorp Metals Inc. T.SVM

Alternate Symbol(s): SVM

Metals & Mining Industrial Metals & Minerals

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company’s strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) equity investments in potential world class opportunities; 4) ongoing merger and acquisition efforts to unlock value; and 5) long term commitment to responsible mining and ESG.

TSX:SVM - Post by User

Silvercorp Metals Inc.

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Post by Auricon Aug 25, 2010 11:50pm

512 Views

Post# 17384622

price increase

I do not know about many of you but I think the reason for the 56 cents increase was the change in its P/E ratio from 100 to 25. I always thought that the P/E ratio of 100 was miscalculated and should be 25 based on its earnings. SVM listed in NYSE has a P/E ratio of 25 before the change was made.

This stock imo, can easily appreciate to $9.20 conservatively.

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