Investors in Silvercorp Metals Inc ( NYSE: SVM) saw new options become available today, for the July expiration.
In any event, SVM stock immediately dropped by 5% following the dismissal of the case by the court.
CA) is up about 0.6%, Nevsun Resources Ltd. ( TSE: NSU.CA) is trading flat, and Silvercorp Metals Inc ( TSE: SVM.
FORBES: Notable ETF Inflow Detected - GDXJ, AGI.CA, NSU.CA, SVM
CA) is up about 3.3%, Aurico Gold Incorporated ( NYSE: AUQ) is up about 2.3%, and Silvercorp Metals ( TSE: SVM.
Shortly after the lawsuit news, SVM released several very positive pieces of data and the stock climbed by more than 15%.
CA) is off about 1.5%, Minefinders Corp Ltd. ( AMEX: MFN) is off about 1.2%, and Silvercorp Metals Inc ( TSE: SVM.
CA) is down about 0.3%, Aurico Gold Incorporated ( NYSE: AUQ) is down about 3.7%, and Silvercorp Metals ( TSE: SVM.
CA) is down about 5.5%, Minefinders Corp Ltd. ( AMEX: MFN) is off about 3.2%, and Silvercorp Metals Inc ( TSE: SVM.
CA) is up about 1%, Nevsun Resources Ltd. ( TSE: NSU.CA) is up about 2.3%, and Silvercorp Metals Inc ( TSE: SVM.
CA) is down about 1.5%, and Silvercorp Metals Inc ( TSE: SVM.
Alfred Little has stated that this will be the first in a series of reports which will prove that SVM is committing fraud.
CA), up 27.4% and shares of Silvercorp Metals ( SVM.
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CA) is up about 1.1%, Silvercorp Metals Inc ( TSE: SVM.
FORBES: Notable ETF Outflow Detected - GDXJ, AGI.CA, SVM.CA, MFN
And for those will to take on even more risk, smaller players like Silvercorp Metals ( SVM) and Gold Resource Corp ( GORO) have fared even better.
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According to the ETF Finder at ETF Channel, SVM makes up 1.89% of the Junior Gold Miners ETF ( AMEX: GDXJ )which is trading lower by about 12.1% on the day Monday.
At Stock Options Channel, our YieldBoost formula has looked up and down the SVM options chain for the new July contracts and identified one put and one call contract of particular interest.
With its most recent set of allegations against Silvercorp (SVM), it seems safe to assume that the intended audience for Alfred Little is the SEC rather than the auditor and the objective is likely to be a delisting.
Among the largest underlying components of GDXJ, in trading today B2Gold Corp ( Toronto: BTO) is up about 2.8%, Perseus Mining Ltd ( Toronto: PRU) is up about 1.9%, and Silvercorp Metals Inc ( NYSE: SVM) is higher by about 2.6%.
Among the largest underlying components of GDXJ, in trading today Perseus Mining Ltd ( Toronto: PRU) is off about 4%, B2Gold Corp ( Toronto: BTO) is off about 2.1%, and Silvercorp Metals Inc ( NYSE: SVM) is lower by about 3.3%.
If course, a lot of upside could potentially be left on the table if SVM shares really soar, which is why looking at the trailing twelve month trading history for Silvercorp Metals Inc, as well as studying the business fundamentals becomes important.
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