What Does Wall Street Think About Silvercorp Metals (SVM) Stock?

Silvercorp Metals, Inc. (NYSE:SVM) is one of the best long-term penny stocks to buy right now. Silvercorp Metals, Inc. (NYSE:SVM) reported its fiscal Q1 2026 results on August 7, producing approximately 1.8 million ounces of silver, 2,050 oz of gold, or around 2.0 million ounces of silver equivalent, 15.7 million pounds of lead, and 5.2 million lb of zinc.

The company also announced that it sold around 1.8 million oz of silver, 1,951 oz of gold, 15.2 million lb of lead, and 5.2 million lb of zinc, with the revenue reaching $81.3 million.

On August 7, Raymond James analyst Craig Stanley raised the firm’s price target on Silvercorp Metals, Inc. (NYSE:SVM) to C$8 from C$7.50, keeping an Outperform rating on the shares.

Similarly, Roth MKM analyst Joseph Reagor maintained a Buy rating on Silvercorp Metals, Inc. (NYSE:SVM) on August 11 and set a price target of $6.50.

The stock’s median price target of $4.64 implies an upside of 32.26% from current levels.

Silvercorp Metals (NYSE:SVM) is a Canadian mining company that produces gold, silver, lead, and zinc. It operates several silver-lead-zinc mines in China, including the Ying Mining District in Henan Province and the GC silver-lead-zinc mine in Guangdong Province.

While the company’s producing mines are in China, its development and exploration projects are in Mexico and China.

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Disclosure: None. This article is originally published at Insider Monkey.