Roth Capital analyst Joe Reagor raised the firm’s price target on Silvercorp Metals (SVM) to $6.75 from $6.25 and keeps a Buy rating on the shares. The firm is updating its model on miners after boosting its assumed gold prices, estimating average gold price per ounce of $3,294 for Q2, $3,300 for Q3, and $3,150 for Q4 2025, the analyst tells investors in a research note.
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