BMO Capital analyst Kevin O’Halloran reinstated coverage of Silvercorp Metals with an Outperform rating and C$5 price target. The firm sees a relatively low-risk production profile at Las Chispas, facilitating consistent cash flows averaging C$86M per year. Silvercorp has a debt-free balance sheet, and the company is one of very few high-quality single-asset silver producers, the analyst tells investors in a research note.
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