Silvercorp Metals Inc. buy Bernhardow
Summary
This prediction ended on 06.07.09 with a price of €2.49. With a performance of 69.86% the BUY prediction by Bernhardow was a big success. Bernhardow has 50% into this predictionPerformance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Silvercorp Metals Inc. | -10.230% | -10.230% | -10.339% | -32.407% |
| iShares Core DAX® | -1.370% | -3.231% | 11.661% | 16.545% |
| iShares Nasdaq 100 | 0.172% | -3.339% | 36.491% | 43.334% |
| iShares Nikkei 225® | -0.801% | -7.859% | 18.597% | 4.253% |
| iShares S&P 500 | -0.369% | -2.979% | 26.341% | 40.911% |
Comments by Bernhardow for this prediction
In the thread Silvercorp Metals Inc. diskutieren
Zeit der Erholung, für einige Rohstoffwerte.
"Silvercorp is one of the world's lowest cost primary silver producers with a cash cost of production per ounce of silver of negative $2.65 in its most recent quarter and is in a strong financial position with US$48 million of cash and short term investments and no debt," states Dr. Rui Feng, Silvercorp's Chairman and CEO. "One of the advantages to operating in China is our ability to quickly scale down operations without significant restructuring costs. Now we are required to make tough decisions to temporarily scale down or suspend some production to maintain profitability. We are confident however that with our high-grade Ying mine, low costs and strong balance sheet we are positioned to weather the current recession and seize opportunities that arise in times of crisis."