Silvercorp Metals reported production and sales results for the third quarter ended December 31, 2025, delivering record revenue of approximately $126.1 million. This represents a 51% increase compared to the same period the previous year. The company produced 1.9 million ounces of silver during the quarter, with silver equivalent production reaching 2.0 million ounces.
In addition to silver production, Silvercorp produced 16.4 million pounds of lead and 7.0 million pounds of zinc during the quarter. The company stockpiled 61,105 tonnes of ore at the Ying Mining District for processing during the Chinese New Year period, ensuring continuous operations despite seasonal disruptions.
Exploration activities remained robust across Silvercorp's operations. The company advanced active exploration across the Ying Mining District and GC Mine with more than 89,000 meters of drilling and over 22,000 meters of exploration tunneling completed during the quarter. This extensive exploration program supports the company's organic growth strategy through discovery and resource expansion.
Development work continued at the Kuanping mine, where Silvercorp completed 3,297 meters of ramp development during the quarter. The company expects to release its unaudited Q3 Fiscal 2026 interim financial results on Monday, February 9, 2026, after market close. Investors can view the full press release at https://ibn.fm/LDgCa.
The record revenue achievement demonstrates Silvercorp's operational efficiency and the strength of current metal prices. The 51% year-over-year revenue growth significantly outpaces typical mining sector performance and suggests effective management of production costs alongside favorable market conditions for silver, lead, and zinc.
Silvercorp's strategic focus on generating free cash flow from long-life mines appears to be delivering results, with the record revenue quarter providing substantial financial resources for continued exploration and development. The company's extensive drilling and tunneling programs indicate confidence in resource expansion potential across its properties.
The stockpiling of ore ahead of the Chinese New Year demonstrates operational planning that minimizes production disruptions, an important consideration for investors concerned about consistent output. The continued development at Kuanping mine suggests Silvercorp is successfully executing its growth strategy while maintaining production at existing operations.
For the mining industry, Silvercorp's results may indicate continued strength in base and precious metals markets, particularly for companies with diversified production profiles. The company's performance could signal broader trends in the sector, where efficient operators with multiple revenue streams are achieving strong financial results despite global economic uncertainties.
Forward-looking statements in the company's reporting are subject to various risks and uncertainties, including factors beyond management's control. These risks are detailed in the company's filings with regulatory authorities, and investors should review the full terms of use and disclaimers available at http://IBN.fm/Disclaimer.
