The Chairman & Chief Executive Officer of Silvercorp Metals is Exercising Options

By Carrie Williams

Today it was reported that the Chairman & Chief Executive Officer of Silvercorp Metals (SVMResearch Report), Rui Feng, exercised options to sell 70,000 SVM shares for a total transaction value of $430K.

Following Rui Feng’s last SVM Sell transaction on March 27, 2020, the stock climbed by 1.0%.

See today’s analyst top recommended stocks >>

SVM’s market cap is $809 million and the company has a P/E ratio of 22.10. The company has a one-year high of $5.93 and a one-year low of $1.50.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $4.49, reflecting a 0.7% upside.

The insider sentiment on Silvercorp Metals has been negative according to 67 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Rui Feng’s trades have generated a 20.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Silvercorp Metals, Inc. engages in the development and exploration of mineral properties. It operates through the Mining, and Administrative segments. The Mining segment comprises of the operation in Henan Luoning, Hunan, Guangdong, and other. The Administrative segment covers operation in Vancouver, and Beijing. The company was founded by Rui Feng on October 31, 1991 and is headquartered in Vancouver, Canada.