BMO Capital Markets reiterated its Silvercorp Metals SVM Outperform rating in a research report published today.
In the report, BMO Capital Markets states, "Silvercorp reported that the KPMG forensic accounting report uncovered no significant irregularities based on the scope of the review. The company retained KPMG to perform the forensic accounting study in response to numerous allegations issued by two anonymous sources in early September."
Shares of Silvercorp Metals were trading at $9.54 at the time of posting, up 17.49% from Friday's market close.
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