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Fly News Breaks for May 31, 2018
SVM
May 31, 2018 | 07:13 EDT
BMO Capital analyst Ryan Thompson initiated Silvercorp Metals with an Outperform rating and C$4.75 price target. In a research note to investors, Thompson cited Silvercorp's "attractive" relative valuation, "strong" balance sheet, long reserve lines and "robust" operating margins for the Outperform rating and sees the potential for multiple expansion if the company can continue to build on its strong operational track record.
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