Silvercorp Metals Inc. Reports Increased Q1 Output and Revenue
Silvercorp Metals Inc. announces a 13% year-over-year revenue increase to $81.3 million and a 6% rise in silver production, signaling strong operational performance ahead of its August earnings release.
Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) has reported preliminary results for the first quarter of Fiscal 2026, showcasing a significant uptick in both revenue and production. The company's revenue saw a 13% increase year over year, reaching approximately $81.3 million, while silver production rose by 6% to 1.8 million ounces. Silver equivalent output also increased to 2.0 million ounces. Despite a 19% decrease in zinc production to 5.2 million pounds, lead output experienced a slight 1% climb to 15.7 million pounds.
The Ying Mining District was a key contributor to this performance, with a 28% increase in ore processed and a notable 79% surge in gold output to 2,050 ounces. Silvercorp has also made strides in exploration and development across various sites, including ongoing drilling at Ying and GC, as well as ramp development at the newly launched Kuanping mine. The full financial details for Q1 are scheduled for release after market close on August 7, 2025. For more information, visit https://ibn.fm/8U3vK.