Earnings ·
Silvercorp Metals reported Q1 Fiscal 2027 operational highlights, including a 70% year-over-year revenue increase to…
SVMSilvercorp Metals Inc
Silvercorp Metals reported Q1 Fiscal 2027 operational highlights, including a 70% year-over-year revenue increase to $138.7 million. Silver production fell 17% to 1.5 million ounces, while gold production rose 24% to 2,536 ounces. Silver equivalent production decreased 15% to 1.7 million ounces. Lead and zinc production decreased 15% to 13.4 million and 4.4 million pounds, respectively. Production was impacted by a voluntary operational suspension in June for safety compliance upgrades. The company is progressing with the El Domo mine in Ecuador and the Chaarat ZAAV project in Kyrgyzstan. Silvercorp Metals is a mining company producing silver, gold, lead, and zinc.