Silvercorp Metals Breaks Above 200-Day Moving Average - Bullish for SVM

In trading on Monday, shares of Silvercorp Metals Inc (TSX: SVM.TO) crossed above their 200 day moving average of $3.04, changing hands as high as $3.07 per share. Silvercorp Metals Inc shares are currently trading up about 4.8% on the day. The chart below shows the one year performance of SVM shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other Canadian stocks recently crossed above their 200 day moving average »

Silvercorp Metals Inc 200 Day Moving Average Chart

Looking at the chart above, SVM's low point in its 52 week range is $2.31 per share, with $4.48 as the 52 week high point — that compares with a last trade of $3.04.

More from Stocks

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Neel Kashkari: The Heart of Our Financial System Is More Radioactive Than Ever

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain