Silvercorp Metals Inc. (TSX: T.SVM, Stock Forum)
Post# of 579
Posted On: 05/22/2013 9:17:42 PM
Silvercorp Metals Inc. ( TSX: T.SVM , Stock Forum ) on Wednesday reported its financial and operating results for the fourth quarter and fiscal year ended March 31, 2013. Net income in the fourth quarter was $6.4 million or 4 cents a share, the company said in a press release. In fiscal 2013, Silvercorp said it produced 4.9 million ounces of silver and 12,457 ounces of gold. On Wednesday, Silvercorp shares rose 3.3% to $2.80, leaving the company with a market cap of $478.2 million, based on 170.8 million shares outstanding. The 52-week range is $6.94 and $2.56.
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