SilverSPAC (TSE:SLVR) Shares Up 5.1% – Still a Buy?

Shares of SilverSPAC Inc (TSE:SLVRGet Free Report) traded up 5.1% on Thursday . The company traded as high as C$0.86 and last traded at C$0.83. 529,208 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 1,602,646 shares. The stock had previously closed at C$0.79.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus upped their target price on shares of SilverSPAC from C$1.70 to C$2.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$2.00.

Get Our Latest Stock Report on SilverSPAC

SilverSPAC Trading Up 5.1%

The company has a market capitalization of C$463.22 million, a price-to-earnings ratio of -83.00 and a beta of 1.27.

About SilverSPAC

(Get Free Report)

Silver Tiger Metals Inc is a Canada based mineral exploration company. It is engaged in exploring for gold and base metals. The company’s project includes El Tigre Project which is located in Sonora, Mexico.

Featured Articles

Receive News & Ratings for SilverSPAC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SilverSPAC and related companies with MarketBeat.com's FREE daily email newsletter.