Silvercorp Metals Inc. saw its stock rise by 5.06% as it reached a 52-week high.
The increase is attributed to Silvercorp's recent acquisition of a 70% stake in Chaarat ZAAV CJSC for $162 million, which marks a strategic expansion into Kyrgyzstan. This acquisition includes a cooperation agreement with the National Investment Agency of the Kyrgyz Republic, ensuring the mining license's validity until 2062 and enhancing the project's long-term sustainability. The development plan for the Tulkubash/Kyzyltash gold projects is expected to yield significant profits, further positioning Silvercorp as a leader in the gold mining sector.
This acquisition not only diversifies Silvercorp's asset base but also leverages strong fundamentals in the gold market, indicating a promising future for the company amidst broader market weakness.
Wall Street analysts forecast SVM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SVM is 8.82 USD with a low forecast of 8.65 USD and a high forecast of 9.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast SVM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SVM is 8.82 USD with a low forecast of 8.65 USD and a high forecast of 9.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 12.100
Low
8.65
Averages
8.82
High
9.00
Current: 12.100
Low
8.65
Averages
8.82
High
9.00
Canaccord
Buy
maintain
$15 -> $20
2026-01-23
Reason
Canaccord
Price Target
$15 -> $20
AI Analysis
2026-01-23
maintain
Buy
Reason
Canaccord raised the firm's price target on Silvercorp Metals to C$20 from C$15 and keeps a Buy rating on the shares.
Roth Capital
Joe Reagor
Neutral
maintain
2026-01-21
Reason
Roth Capital
Joe Reagor
Price Target
2026-01-21
maintain
Neutral
Reason
Roth Capital analyst Joe Reagor raised the firm's price target on Silvercorp Metals to $11.50 from $10.50 and keeps a Neutral rating on the shares. The company announced it had entered an agreement to acquire a 70% interest in the Tulkubash and Kyzyltash gold projects in Kyrgyzstan for total consideration of $162M, and the firm says this was an incremental positive for Silvercorp as it adds significant growth potential to the company's portfolio, the analyst tells investors in a research note.
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Roth Capital
Buy
to
Neutral
downgrade
$9
2026-01-20
Reason
Roth Capital
Price Target
$9
2026-01-20
downgrade
Buy
to
Neutral
Reason
Roth Capital downgraded Silvercorp Metals to Neutral from Buy with a price target of $10.50, up from $9. The firm views the shares as fully valued and continues to believe the recent silver price "breakout is likely to be short-lived." In addition, Silvercorp's production has been below expectations in fiscal 2026, the analyst tells investors in a research note.
BMO Capital
Kevin O'Halloran
Outperform
upgrade
$13
2026-01-16
Reason
BMO Capital
Kevin O'Halloran
Price Target
$13
2026-01-16
upgrade
Outperform
Reason
BMO Capital analyst Kevin O'Halloran raised the firm's price target on Silvercorp Metals to C$17.50 from C$13 and keeps an Outperform rating on the shares.
About SVM
Silvercorp Metals Inc. is a Canadian mining company producing silver, gold, lead, and zinc. The Company is engaged in the acquisition, exploration, development, and mining of mineral properties. The Company’s producing mines are located in China and exploration and development projects are located in China and Ecuador. In the Ying Mining District, it has about seven underground mines (SGX, HZG, HPG, TLP, LME, LMW and DCG) and two processing plants. The GC silver-lead-zinc mine is located approximately 200 km west of Guangzhou, the capital city of Guangdong Province, China. El Domo project is a copper-gold mine under construction in central Ecuador, approximately 150 km northeast of the major port city of Guayaquil. The BYP Mine is located approximately 220 km southwest of Changsha, the capital city of Hunan Province, China. Condor project is located in one of Ecuador's developed mining regions. It also has interest in Tulkubash/Kyzyltash Gold Projects, Kyrgyzstan.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.