Canada's Silvercorp Q4 revenue jumps on higher silver prices

Silvercorp Metals

27/05/2026 01:03

Overview
Canada mining company's Q4 revenue nearly doubled yr/yr on higher silver prices
Adjusted EPS for Q4 rose sharply from a year earlier
Company posted a net loss due to a non-cash charge on convertible notes

Outlook
Silvercorp expects Ying's ore processing capacity to reach 1.6 mln tonnes per yr by fiscal 2029
Company expects Ying No.3 Mill to be commissioned in Q1 fiscal 2028
Silvercorp is working to renew production safety licenses for expanded Ying mining permits

Result Drivers
HIGHER SILVER PRICES - Q4 revenue rose mainly due to a 183% increase in average realized silver price to $78.56/oz, with silver accounting for 78% of revenue
LOWER CASH COSTS - Cash cost per ounce of silver fell to negative $1.92, reflecting increased mechanization and use of shrinkage mining
HIGHER SUSTAINING COSTS - All-in sustaining cost per ounce of silver rose 21% yr/yr, mainly due to higher government taxes and sustaining capital expenditures

Company press release: ID:nCNWTZkvka

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
 
$0.27
$0.27 (2 Analysts)
Q4 Basic EPS
 
-$0.003
 
Q4 Net Loss
 
$722,000
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the non-gold precious metals & minerals peer group is "buy"
Wall Street's median 12-month price target for Silvercorp Metals Inc is C$21.00, about 21.7% above its May 26 closing price of C$17.25
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)