Silvercorp (SVM +5.4%) says its stock is undervalued and plans to repurchase up to 10M of its...

|About: Silvercorp Metals Inc. (SVMLF)|By:, SA News Editor

Silvercorp (SVM +5.4%) says its stock is undervalued and plans to repurchase up to 10M of its outstanding shares over the next year. The shares' sharp decline over the past months has greatly outpaced the rest of the silver miners (SIL).