$SVM.TO

Silvercorp Metals' Fiscal Q4 2026 Adjusted Net Income Surges YoY; Net Loss Attributable To Equity Shareholders

Silvercorp Metals (SVM.TO) was at last look down near 0.9% in US premarket trade even after it reported a jump in adjusted net income year over year in the fiscal fourth quarter of 2026 as the company hit a record quarterly revenue due to high silver prices.Adjusted net income was US$59.3 million, or $0.27 per share, after excluding the non-cash or one-time items, surging from $14.7 million, or $0.07 per share.It had a net loss attributable to equity shareholders of $9.9 million, or $0.05 per share, mainly due to a $178.5 million non-cash charge on "mark-to-market" of the fair value of the derivative liabilities primarily related to convertible notes.Revenue was $147.4 million, up from $75.1 million. Silver represented 78% of the quarterly revenue, the company said.Adjusted EBITDA attributable to equity shareholders was $98.1 million, or $0.44 per share, rising from $29.8 million, or $0.14 per share.The company sold 1.5 million ounces of silver, down from 1.6 million ounces. Gold sales were 2,623 ounces, down from 3,465 ounces.The average selling price of silver was $78.56/ounce, up from $27.78/ounce. The gold price was $4,408/ounce, up from $2,533/ounce.Production was about 1.4 million ounces of silver and 2,492 ounces of gold, or 1.5 million ounces of silver equivalent. The company also produced 12.9 million pounds of lead and 1.4 million pounds of zinc. These represented decreases of 11% in silver, 20% in gold, 18% in silver equivalent, 17% in lead and 30% in zinc over the year-ago period.

Silvercorp Application Connected With Proposed Triple Primary Listing of Common Shares On Main Bod of HK Stock Exchange and Global Offer of Shares

Silvercorp Metals Filed Listing Application With Hong Kong Stock Exchange

Silvercorp Metals Board Declares Semi-Annual Dividend

Silvercorp Metals' (SVM.TO) board of directors declared a semi-annual dividend of US$0.0125, the company said late on Friday.The dividend will be paid to all shareholders of record at the close of business on June 5, with a payment date scheduled on or before June 25.

Silvercorp Metals Changes Fiscal 2026 Financial Results Date To May 26, 2026

Update: Silvercorp Metals Declares Receipt of Common Shares Related to Santa Barbara Acquisition

(Adds ticker for Tincorp Metals in first paragraph)Silvercorp Metals (SVM.TO) has acquired beneficial ownership of 15 million common shares under a share purchase agreement with Tincorp Metals (TIN.V) and Silvercorp subsidiary Adventus Mining, the company said late on Thursday.The common share issuance was made in connection with Tincorp's acquisition of the Santa Barbara gold-copper project in Ecuador.The shares were acquired as partial consideration for the Santa Barbara acquisition and for investment purposes.On May 13, Tincorp issued 43.8 million common shares and 21.9 million common share purchase warrants upon conversion of the 43.8 million subscription receipts issued by Tincorp on March 24.Prior to the conversion and the acquisition, Silvercorp owned 20.7 million common shares, representing about 28.9% of the issued and outstanding common shares.Following the conversion, Silvercorp owned about 17.9% of the issued and outstanding common shares.In connection with the closing of the Santa Barbara acquisition, Tincorp issued the consideration shares to Adventus, resulting in Silvercorp owning 35.7 million common shares, representing about 27.4% of the issued and outstanding common shares.

Silvercorp Metals Declares Receipt of Common Shares Related to Santa Barbara Acquisition

Silvercorp Metals (SVM.TO) has acquired beneficial ownership of 15 million common shares under a share purchase agreement with Tincorp Metals and Silvercorp subsidiary Adventus Mining, the company said late on Thursday.The common share issuance was made in connection with Tincorp's acquisition of the Santa Barbara gold-copper project in Ecuador.The shares were acquired as partial consideration for the Santa Barbara acquisition and for investment purposes.On May 13, Tincorp issued 43.8 million common shares and 21.9 million common share purchase warrants upon conversion of the 43.8 million subscription receipts issued by Tincorp on March 24.Prior to the conversion and the acquisition, Silvercorp owned 20.7 million common shares, representing about 28.9% of the issued and outstanding common shares.Following the conversion, Silvercorp owned about 17.9% of the issued and outstanding common shares.In connection with the closing of the Santa Barbara acquisition, Tincorp issued the consideration shares to Adventus, resulting in Silvercorp owning 35.7 million common shares, representing about 27.4% of the issued and outstanding common shares.

Silvercorp Metals Secures US$220 Million Syndicated Loan From Global Banks

Silvercorp Metals (SVM.TO) after trade Monday said it secured a three-year loan agreement with a group of international banks.The total loan amounts to RMB1.5 billion (about US$220 million), with total bank commitments reaching RMB2 billion, which is double the company's original target. The loan will mature three years after the funds are first drawn, according to the statement.Silvercorp added that the loan will be repaid in RMB using dividends from its operations in China. The funds will be used for general corporate purposes, including working capital and improving financial flexibility."This landmark financing complements the company's robust cash reserves, consistent operating cash flow, and established financing platform, reinforcing the financial foundation to deliver on its long-term strategic growth objectives across a global mining portfolio - including growth opportunities in Kyrgyzstan and Ecuador," the company said.Silvercorp shares closed down $0.61 to $16.96 on the Toronto Stock Exchange.

Silvercorp Metals Down Near 1% In US Premarket After Reporting Operational Results, Issuing Fiscal 2027 Guidance

Silvercorp Metals (SVM.TO) was at last look down near 1% in US premarket after it late on Thursday reported a 17% decrease in silver equivalent production year over year in the fiscal fourth quarter of 2026, even as it also recorded revenue, and provided guidance for fiscal 2027 production, cash and all-in sustaining costs.Among highlights, the company said it produced 1.6 million ounces of silver equivalent, down from 1.9 million ounces, while it had silver production of 1.5 million ounces, a decrease of 11% over Q4 Fiscal 2025.Also, lead production fell 14% to 14.0 million pounds and zinc production declined 12% to 3.9 million pounds.But it recorded revenue of approximately US$147.4 million, an increase of 96% over the same quarter last year.In fiscal 2027, Silvercorp expects to process 1,526,600 to 1,607,000 tonnes of ore, yielding approximately 6.8 to 7.1 million ounces of silver, 9,500 to 10,000 ounces of gold, or 7.5 to 7.8 million ounces of silver equivalent, 62.7 to 65.8 million pounds of lead, and 22.3 to 23.4 million pounds of zinc. The guidance represents an increase of 3% to 9% in ore processed, 0.04% to 4% in silver, 9% to 15% in gold, 4% to 9% in lead, and 3% to 8% in zinc production compared to the fiscal 2026 results.The company will release its fiscal 2026 financial results on May 25, after market close.Shares in SVM rose 2.1% in Canada yesterday.