Silvercorp Metals shares jump on record-revenue read-through as Feb. 9 results loom
Silvercorp Metals shares jumped 10.8% to $11.31 Friday after reporting record quarterly revenue of about $126.1 million, up 51% from last year. BMO Capital raised its price target, citing strong results. Hecla Mining and First Majestic Silver also gained, while Pan American Silver slipped. Interim results are due Feb. 9.