SilverSPAC (TSE:SLVR) Trading Up 5.1% – Time to Buy?

SilverSPAC Inc (TSE:SLVRGet Free Report)’s stock price rose 5.1% during mid-day trading on Thursday . The stock traded as high as C$0.86 and last traded at C$0.83. 529,208 shares were traded 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 raised their target price on SilverSPAC from C$1.70 to C$2.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$2.00.

Check Out Our Latest Report on SilverSPAC

SilverSPAC Trading Up 5.1%

The firm has a market cap of C$463.22 million, a price-to-earnings ratio of -83.00 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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