WHN.v $WTHVF Globe says Silvercorp, Westhaven get new coverage
2021-06-23 08:17 ET - In the News
Also In the News (C- $WHN ) Westhaven Gold Corp
The Globe and Mail reports in its Wednesday, June 23, edition that Raymond James analyst Craig Stanley began coverage on two Canadian mining stocks on Tuesday. The Globe's David Leeder writes in the Eye On Equities column that Mr. Stanley calls Silvercorp Metal ($7.02) a "free cash flow machine." He notes that he likes Silvercorp Metal's consistent dividend payout. Mr. Stanley rates Silvercorp Metals "market perform" and targets the shares at 8.75. Analysts on average target Silvercorp Metals shares at $9.63. Mr. Stanley gave Westhaven Gold (65 cents) an "outperform" rating with a $1.10 share target. Mr. Stanley is currently the lone analyst covering the Vancouver-based company, which is focused on its 100-per-cent-owned Bridge Group Belt properties in south central British Columbia. The Globe reported on Sept. 16, 2020, that Canaccord Genuity analyst Dalton Baretto rated Silvercorp "hold" in new coverage, when it was worth $11.19. The Globe reported on Jan. 15, 2021, that Mr. Baretto boosted his rating to "buy." The shares could then be had for $7.24.
