NEW YORK (
) -- The ex-dividend date for
) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of two cents per share. At a price of $13.77 as of 9:32 a.m. ET, the dividend yield is 0.6%.
The average volume for Silvercorp has been 2.9 million shares per day over the past 30 days. Silvercorp has a market cap of $2.5 billion and is part of the
industry. Shares are up 9.7% year to date as of the close of trading on Friday.
Silvercorp Metals Inc. engages in the acquisition, exploration, development, and operation of silver mineral properties in China and Canada. The company has a P/E ratio of 35.7, above the average metals & mining industry P/E ratio of 34.9 and above the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Silvercorp as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, compelling growth in net income and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full