Silvercorp Boosts Strategic Stake in Tincorp Following Ecuador Project Sale

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2026.05.15 10:28
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Silvercorp Metals has increased its stake in Tincorp Metals to approximately 27.4% following Tincorp's acquisition of the Santa Barbara Gold-Copper Project in Ecuador. Silvercorp received 15 million Tincorp shares as part of the transaction. The latest analyst rating for Silvercorp (TSE:SVM) is a Hold with a C$12.50 price target, while Spark's AI Analyst rates it as Outperform, citing strong cash generation despite earnings volatility.