Silvercorp Metals Inc. Reports Increased Q1 Production and Revenue

Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) has reported preliminary results for the first quarter of Fiscal 2026, ending June 30, showcasing a significant uptick in both revenue and production. The company announced a 13% increase in revenue year over year, reaching approximately $81.3 million. This financial growth was supported by a 6% rise in silver production, totaling 1.8 million ounces, and an increase in silver equivalent output to 2.0 million ounces.

Lead production also saw a modest increase of 1% to 15.7 million pounds, although zinc production experienced a 19% decline to 5.2 million pounds. The Ying Mining District was a key contributor to these results, with a 28% increase in ore processed and a notable 79% surge in gold output to 2,050 ounces. These figures underscore the district's pivotal role in Silvercorp's operational success.

Exploration and development efforts have been advancing across several sites, including ongoing drilling at Ying and GC, as well as ramp development at the newly launched Kuanping mine. These initiatives reflect Silvercorp's commitment to organic growth and operational expansion. The company is set to release its full Q1 financial results after market close on August 7, 2025.

Silvercorp's strategy focuses on generating free cash flow from long-life mines, pursuing organic growth through extensive drilling, engaging in merger and acquisition activities to unlock value, and maintaining a long-term commitment to responsible mining and ESG principles. This approach has positioned the company as a leader in the mining sector, with a strong track record of profitability and growth potential.

The preliminary results for Q1 Fiscal 2026 highlight Silvercorp's ability to navigate the complexities of the mining industry while delivering value to its shareholders. The upcoming earnings release will provide further insights into the company's financial health and operational achievements.