SilverSPAC (TSE:SLVR) Stock Price Up 5.1% – Here’s What Happened

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

Analysts Set New Price Targets

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

Get Our Latest Stock Report on SLVR

SilverSPAC Stock Performance

The firm has a market capitalization of C$479.97 million, a price-to-earnings ratio of -86.00 and a beta of 1.27.

SilverSPAC Company Profile

(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.

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