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SVM — Silvercorp Metals News Story

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Silver miners down as metal prices edge lower

BUZZ-Silver miners down as metal prices edge lower

** Shares of silver miners fall, tracking a decline in prices of the metal GOL/

** Spot silver XAG= down ~3% at $58.05/ounce, after U.S. President Donald Trump said he was reinstating a naval blockade on Iran, boosting oil markets, reigniting inflation concerns and raising prospects of higher-for-longer U.S. interest rates

** Hecla Mining HL.N drops 3.7%, Coeur Mining CDE.N falls 2.2%

** Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO fall 2% and 3.1%, respectively

** Abrdn Physical Silver Shares ETF SIVR.P falls 2.7% and iShares Silver Trust ETF SLV.P dip 2.6%


(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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