Silvercorp (SVM) Soars 7.4%: Is Further Upside Left in the Stock?
Silvercorp Metals(SVM) ZACKS·2024-10-21 19:25
Silvercorp (SVM) shares rallied 7.4% in the last trading session to close at $5.06. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 17.5% gain over the past four weeks.Silvercorp recently reported production and sales figures for the second quarter of fiscal 2025 (ended Sept. 30, 2024). Revenues were up 26% year over year to $68 million.The company produced 1.7 million ounces of silver in the quarter, an inc ...