Reported 1 day ago
Roth Capital has raised the price target for Silvercorp Metals, Inc. (NYSE:SVM) from $6.25 to $6.75, maintaining a Buy recommendation. Analyst Joe Reagor cites an upgrade in the company's model following an increase in projected gold prices, which are expected to average $3,294 in Q2, $3,300 in Q3, and $3,150 in Q4 of 2025. Silvercorp is recognized as one of the top silver mining stocks and operates mines primarily in China, while also engaging in projects in Ecuador.
Source: YAHOO