Silvercorp Metals: Misunderstood And Growing Fast


Source: seekingalpha.com seekingalpha.com

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1001slide/E+ via Getty Images Silvercorp Metals Inc. (NYSE:SVM, TSX:SVM:CA) is a Canadian mining company with predominantly silver assets located in China (in the Ying and GC mining districts). About 60% of its revenues come from silver, 34% from base metals (lead, zinc), and the rest from gold. The company is trading at a very cheap valuation. In general, silver miners have performed poorly as of late. This is a consequence of their dramatically compressing margins, as production costs have risen due to inflationary pressures, while the silver price has declined more than 15% from its recent highs because of tightening...