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VANCOUVER - Silvercorp Metals Inc. (TSX/NYSE American:SVM), a precious metals miner with a market capitalization of $1.1 billion and an impressive YTD return of ~70%, reported Tuesday a 13% year-over-year revenue increase to approximately $81.3 million for the first quarter ended June 30, 2025. According to InvestingPro analysis, the company maintains strong financial health with a "GREAT" overall rating, supported by a robust current ratio of 5.05.
The Canadian mining company produced 1.8 million ounces of silver during the quarter, representing a 6% increase compared to the same period last year. Silver equivalent production reached approximately 2.0 million ounces, up from 1.8 million ounces in Q1 fiscal 2025. The company’s operational efficiency is reflected in its healthy gross profit margin of 62.6%, according to recent InvestingPro data.
Lead production rose 1% to approximately 15.7 million pounds, while zinc production decreased 19% to approximately 5.2 million pounds compared to the previous year.
At the company’s Ying Mining District, ore processing increased 28% to 283,355 tonnes, yielding 1,689 thousand ounces of silver, 2,050 ounces of gold, 14,601 thousand pounds of lead, and 1,845 thousand pounds of zinc. This represented production increases of 7% in silver, 79% in gold, and 4% in lead, with a 25% decrease in zinc compared to Q1 fiscal 2025.
The GC Mine processed 74,869 tonnes of ore, down 13% year-over-year, producing 138 thousand ounces of silver, 1,134 thousand pounds of lead, and 3,384 thousand pounds of zinc - decreases of 5%, 26%, and 15% respectively.
Exploration activities continued with 81,425 meters of drilling and 19,950 meters of exploration tunneling completed across both mining operations.
The company also reported progress on its El Domo mine construction with 370,564 cubic meters of material moved, and commencement of Kuanping mine construction with 481 meters of ramp development completed.
Silvercorp expects to release its unaudited interim financial results for the quarter on August 7, 2025, after market close, according to the company’s press release statement.
In other recent news, Silvercorp Metals Inc. reported its fourth-quarter earnings for fiscal year 2025, showing a significant increase in revenue by 76% year-over-year, reaching $75 million. The company posted an adjusted net income of $14.7 million, or $0.07 per share, which met market expectations. Despite these positive results, Silvercorp’s stock faced a decline in after-hours trading, driven by investor concerns over future guidance. Additionally, Silvercorp announced a semi-annual dividend of US$0.0125 per share, maintaining its tradition of returning value to shareholders. The Vancouver-based company also voluntarily filed an updated mineral resource estimate for its Condor gold project in Ecuador, noting that the project is not considered a material property at this time. These developments highlight Silvercorp’s ongoing efforts to manage its operations and shareholder relations effectively. Looking ahead, the company plans to invest significantly in projects like the El Domo project, with a capital investment of $241 million. Silvercorp’s outlook for FY2026 includes production targets of up to 7.6 million ounces of silver and 10,400 ounces of gold.
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