Zacks upgraded shares of Silver Wheaton Corp. (USA) (NYSE:SLW) from an underperform rating to a neutral rating in a report issued on Thursday,Stock Ratings Network.com reports. They currently have $25.90 target price on the stock. Silver Wheaton Corp. (USA) (NYSE:SLW) stock opened at $25.19 in last session, and closed at $25.20, while the day range of SLW stock is $24.98-$25.46. The stock showed a neagtive weekly performance of -1.98%.
Silvercorp Metals Inc. (USA) (NYSE:SVM) silver production for the quarter went down to 0.9 million, while its gold output went up to 1985 ounces. Rear earth metals, Lead and Zinc extraction came in at 9 million pounds and 1.7 million pounds respectively for the quarter. Over all, total sales of $24 million were recorded from quarter operations, resulting in gross margins of 44 percent. Thanks to decrease in sales, steady cash flow generated for the quarter was down to $9.9 million for the quarter. Net income for the quarter was $2.2 million. Silvercorp Metals Inc. (USA) (NYSE:SVM) stock opened at $2.27, in last session and closed at $2.18, by loosed -3.54%. The 52 week range was $2.18-$4.21. Company’s market capitalization is $372.52 million.
Great Panther Silver Ltd (USA) (NYSEMKT:GPL) was falling 7.9% to $1.16 Monday on reports of disruptions at its Guanajuato Mine Complex in Mexico. About 60 people entered the administration building and plant of Great Panther’s mining complex, and continue to occupy the complex. The company reports that all employees are safe and are off-site, and there are no reports of violence. All services in the mine have been shut down until the company can regain control of the complex. Great Panther Silver Ltd (USA) (NYSEMKT:GPL) stock loosed -8.73% and finished the last session at $1.15. The EPS of the stock remained -0.04. Company’s market capitalization is $159.18 million.
Pan American Silver Corp. (NASDAQ:PAAS) has earned a consensus rating of “Hold” from the fifteen ratings firms that are currently covering the company, Analyst Ratings Network.com reports. Two investment analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $12.73. Pan American Silver Corp. (USA) (NASDAQ:PAAS) stock opened the session at $14.27, and closed the session at $14.24. The 52 week range of the PASS stock remained $9.78-$16.99 and the day range was $14.11-$14.53.
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