Silvercorp Metals Inc. (NYSEAMERICAN:SVM) has caught the attention of equity research analysts at Roth Capital, who have raised their earnings estimates for the company for the first quarter of 2025. According to the latest report issued on Wednesday, July 17th, Roth Capital analyst J. Reagor now predicts that Silvercorp Metals will post earnings per share of $0.10 for the quarter, up from their previous forecast of $0.07. The consensus estimate for the full-year earnings of Silvercorp Metals is $0.28 per share, with Roth Capital also projecting earnings of $0.31 EPS for FY2025.
The recent earnings results of Silvercorp Metals, released on Thursday, May 23rd, showed earnings per share of $0.02 for the quarter, meeting the consensus estimate of $0.02. The company demonstrated a net margin of 16.87% and a return on equity of 6.71%, with revenue amounting to $42.68 million, surpassing analysts’ expectations of $38.50 million.
In a separate report, Roth Mkm reiterated a “buy” rating and set a price target of $6.00 on shares of Silvercorp Metals, indicating confidence in the company’s performance.
Silvercorp Metals stock opened at $3.68 on Friday, with a market capitalization of $653.83 million and a PE ratio of 17.32. Institutional investors and hedge funds have shown interest in the company, with significant increases in their holdings. The company also recently announced a semi-annual dividend, reflecting a yield of 0.6%.
Silvercorp Metals Inc. is engaged in the acquisition, exploration, development, and mining of mineral properties in China, primarily focusing on silver, gold, lead, and zinc metals. With its ongoing growth and positive outlook, Silvercorp Metals continues to attract attention and investment in the market.