Below the resistance zone that is currently being tested, the potential for new gains appears limited for shares in Silvercorp Metals Inc.. The stock's technical chart pattern suggests however that the level will be broken. Investors have an opportunity to buy the stock and target the CAD 14.9.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
The group's activity appears highly profitable thanks to its outperforming net margins.
The group usually releases upbeat results with huge surprise rates.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
For several months, analysts have been revising their EPS estimates roughly upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 5.76 CAD
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