|Bid||7.25 x 3000|
|Ask||7.47 x 3200|
|Day's Range||7.13 - 7.39|
|52 Week Range||1.50 - 8.91|
|Beta (5Y Monthly)||1.50|
|PE Ratio (TTM)||33.67|
|Forward Dividend & Yield||0.03 (0.35%)|
|Ex-Dividend Date||Jun 04, 2020|
|1y Target Est||3.52|
VANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) is pleased to report that all matters submitted to shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, both dated August 14, 2020, were approved by the requisite majority of votes cast at Silvercorp’s annual general meeting (“AGM”) held on Friday, September 25, 2020. A total of 117,352,526 common shares, representing 67.27% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM. The details of the voting results for the election of directors are set out below: Votes ForWithheld DirectorNumberPercentageNumberPercentage Dr. Rui Feng72,994,62899.38%455,9580.62% S. Paul Simpson69,183,61794.19%4,266,9695.81% David Kong66,658,33790.75%6,792,2499.25% Yikang Liu72,727,75499.02%722,8320.98% Marina Katusa72,532,77298.75%917,8141.25% Shareholders also approved the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year. Final results for all matters voted on at the AGM will be filed on SEDAR at www.sedar.com and on the Company's website.About Silvercorp Silvercorp is a profitable Canadian mining company producing silver, lead and zinc metals in concentrates from mines in China. The Company’s goal is to continuously create healthy returns to shareholders through efficient management, organic growth and the acquisition of profitable projects. Silvercorp balances profitability, social and environmental relationships, employees’ wellbeing, and sustainable development. For more information, please visit our website at www.silvercorp.ca.For further information Silvercorp Metals Inc. Lon Shaver Vice President Phone: (604) 669-9397 Toll Free 1(888) 224-1881 Email: email@example.com Website: www.silvercorp.ca
Silver stocks are driven by the metal's use in a wide range of industrial processes and its popularity as a safe haven asset. Silver stocks, which are primarily mining companies, also are driven by the yield on bank CDs or Treasury bonds. All silver companies in this story are headquartered in Canada and their primary trading venue is the Toronto Stock Exchange, but they also trade on U.S. exchanges.
Is (SVM) Outperforming Other Basic Materials Stocks This Year?