Silvercorp Reports Operational Results and Financial Results Release Date for the Third Quarter, Fiscal 2025
Silvercorp Metals (SVM) reported Q3 Fiscal 2025 operational results, achieving record revenue of $83.6 million, up 43% year-over-year. The company saw significant increases in production metrics, with ore mined up 11% to 383,543 tonnes and ore milled up 16% to 361,810 tonnes.
Silver production reached 1.9 million ounces, a 16% increase, while lead production grew 2% to 17.1 million pounds. Zinc production decreased 10% to 6.7 million pounds. The Ying Mining District showed strong performance with production increases across all metals, while the GC Mine experienced decreases in production. The company has approximately 145,000 tonnes of inventory stockpile at Ying Mining District to be processed during Chinese New Year holidays.
Silvercorp Metals (SVM) ha riportato i risultati operativi per il terzo trimestre fiscale 2025, raggiungendo un fatturato record di 83,6 milioni di dollari, con un incremento del 43% rispetto all’anno precedente. L’azienda ha registrato un aumento significativo nei parametri di produzione, con il minerale estratto in aumento dell’11% a 383.543 tonnellate e il minerale macinato in aumento del 16% a 361.810 tonnellate.
La produzione d'argento ha raggiunto 1,9 milioni di once, un aumento del 16%, mentre la produzione di piombo è cresciuta del 2% a 17,1 milioni di libbre. La produzione di zinco è diminuita del 10% a 6,7 milioni di libbre. Il Distretto Minerario di Ying ha mostrato ottime performance con aumenti di produzione in tutti i metalli, mentre la Miniera GC ha registrato dei cali nella produzione. L’azienda ha circa 145.000 tonnellate di scorte di inventario nel Distretto Minerario di Ying, che verranno lavorate durante le festività del Capodanno Cinese.
Silvercorp Metals (SVM) informó los resultados operativos del tercer trimestre del año fiscal 2025, logrando ingresos récord de 83,6 millones de dólares, un 43% más que el año anterior. La compañía vio aumentos significativos en los métricas de producción, con la extracción de mineral aumentando un 11% a 383.543 toneladas y el mineral procesado aumentando un 16% a 361.810 toneladas.
La producción de plata alcanzó 1,9 millones de onzas, un aumento del 16%, mientras que la producción de plomo creció un 2% a 17,1 millones de libras. La producción de zinc disminuyó un 10% a 6,7 millones de libras. El Distrito Minero de Ying mostró un desempeño sólido con aumentos de producción en todos los metales, mientras que la Mina GC experimentó disminuciones en la producción. La empresa tiene aproximadamente 145.000 toneladas de inventario en el Distrito Minero de Ying que serán procesadas durante las festividades del Año Nuevo Chino.
실버코프 메탈스(SVM)는 2025 회계연도 3분기 운영 결과를 보고하며, 8360만 달러의 기록적인 수익을 달성했습니다. 이는 전년 대비 43% 증가한 수치입니다. 이 회사는 생산 지표에서 상당한 증가를 보였으며, 채굴된 광석이 11% 증가하여 383,543톤에 도달했고, 가공된 광석도 16% 증가하여 361,810톤에 이르렀습니다.
은 생산량은 190만 온스에 달해 16% 증가했으며, 납 생산량도 2% 증가하여 1710만 파운드에 이릅니다. 아연 생산량은 10% 감소하여 670만 파운드에 이릅니다. 잉 광산 지구는 모든 금속에서 생산 증가세를 보이며 강한 성과를 기록했지만, GC 광산은 생산량이 감소했습니다. 이 회사는 약 145,000톤의 재고를 잉 광산 지역에 보유하고 있으며, 이는 중국 설 연휴 동안 가공될 예정입니다.
Silvercorp Metals (SVM) a annoncé ses résultats opérationnels pour le troisième trimestre de l'exercice fiscal 2025, atteignant un chiffre d'affaires record de 83,6 millions de dollars, en hausse de 43 % par rapport à l'année précédente. L'entreprise a observé des augmentations significatives de ses indicateurs de production, avec une extraction de minerai en hausse de 11 % à 383 543 tonnes et un minerai traité en hausse de 16 % à 361 810 tonnes.
La production d'argent a atteint 1,9 million d'onces, soit une augmentation de 16 %, tandis que la production de plomb a crû de 2 % à 17,1 millions de livres. La production de zinc a diminué de 10 % à 6,7 millions de livres. Le District Minier de Ying a montré de bonnes performances avec une augmentation de la production dans tous les métaux, tandis que la Mine GC a connu des diminutions de production. L'entreprise dispose d'environ 145 000 tonnes de stocks dans le District Minier de Ying, qui seront traitées pendant les vacances du Nouvel An chinois.
Silvercorp Metals (SVM) hat die operativen Ergebnisse für das dritte Quartal des Geschäftsjahres 2025 veröffentlicht und einen Rekordumsatz von 83,6 Millionen Dollar erzielt, was einem Anstieg von 43% im Vergleich zum Vorjahr entspricht. Das Unternehmen verzeichnete signifikante Steigerungen der Produktionskennzahlen, mit einer um 11% erhöhten Abbaumenge von 383.543 Tonnen und einer um 16% erhöhten Aufbereitung von 361.810 Tonnen.
Die Silberproduktion erreichte 1,9 Millionen Unzen, was einem Anstieg von 16% entspricht, während die Blei-Produktion um 2% auf 17,1 Millionen Pfund wuchs. Die Zinkproduktion sank um 10% auf 6,7 Millionen Pfund. Der Ying-Minenbezirk zeigte aufgrund von Produktionssteigerungen aller Metalle eine starke Leistung, während die GC-Mine Rückgänge in der Produktion verzeichnete. Das Unternehmen verfügt über etwa 145.000 Tonnen an Lagerbeständen im Ying-Minenbezirk, die während der chinesischen Neujahrsfeiertage verarbeitet werden sollen.
- Record quarterly revenue of $83.6M, up 43% YoY
- Silver production increased 16% to 1.9M ounces
- Ore mined increased 11% to 383,543 tonnes
- Ore milled increased 16% to 361,810 tonnes
- Lead production up 2% to 17.1M pounds
- Ying Mining District showed production increases across all metals
- Zinc production decreased 10% to 6.7M pounds
- GC Mine production declined: ore mined down 13%, ore milled down 14%
- GC Mine showed decreases in silver (-3%), lead (-16%), and zinc (-16%) production
Insights
The Q3 FY2025 results demonstrate remarkable financial performance with record revenue of
Silver production metrics are particularly strong, with a
The operational metrics reveal strategic improvements in the company's core assets. The Ying Mining District's enhanced performance is evident in the superior head grades, with silver at 214 grams/tonne and excellent recovery rates of
The GC Mine's decreased production volumes (
The production profile shows strategic alignment with current market conditions. The increased focus on silver and gold production (silver equivalent up
Looking at the year-to-date figures, the company has maintained solid production levels across its metal portfolio, with silver production reaching 5.3 million ounces for the nine-month period. The increased gold production component adds valuable diversification to the revenue stream. The inventory management strategy, particularly at Ying, provides operational flexibility and potential for strong Q4 performance during the seasonal Chinese New Year period.
Trading Symbol: TSX/NYSE American: SVM
Q3 Fiscal 2025 Operational Results
- Record revenue of approximately
$83.6 million 43% over the same quarter last year ("Q3 Fiscal 2024"); - Ore mined of 383,543 tonnes, up
11% over Q3 Fiscal 2024; - Ore milled of 361,810 tonnes, up
16% over Q3 Fiscal 2024; - Silver production of 1.9 million ounces, an increase of
16% over Q3 Fiscal 2024; silver equivalent (only silver and gold)i production of approximately 2.1 million ounces, compared to 1.8 million ounces in Q3 Fiscal 2024; - Lead production of approximately 17.1 million pounds, an increase of
2% over Q3 Fiscal 2024; - Zinc production of approximately 6.7 million pounds, a decrease of
10% over Q3 Fiscal 2024; and - Inventory stockpile ores at the Ying Mining District of approximately 145 thousand tonnes will be processed during the Chinese New Year holidays in the fourth quarter.
Consolidated Operational Results for the Three Months Ended December 31, 2024 and 2023
Q3 Fiscal 2025 | Q3 Fiscal 2024 | ||||||
Ying Mining | GC | Consolidated | Ying Mining | GC | Consolidated | ||
Production Data | |||||||
Ore Mined (tonnes) | 297,246 | 86,297 | 383,543 | 245,606 | 99,667 | 345,273 | |
Ore Milled (tonnes) | |||||||
Gold ore | 21,912 | — | 21,912 | 12,726 | — | 12,726 | |
Silver ore | 255,783 | 84,115 | 339,898 | 201,475 | 98,299 | 299,774 | |
277,695 | 84,115 | 361,810 | 214,201 | 98,299 | 312,500 | ||
Head Grades | |||||||
Silver (grams/tonne) | 214 | 77 | 235 | 68 | |||
Lead (%) | 2.7 | 1.1 | 3.5 | 1.1 | |||
Zinc (%) | 0.5 | 2.7 | 0.7 | 2.7 | |||
Recovery Rates | |||||||
Silver (%) | 94.7 | 82.8 | 94.9 | 80.3 | |||
Lead (%) | 94.0 | 90.3 | 94.8 | 90.9 | |||
Zinc (%) | 68.9 | 90.3 | 71.4 | 90.1 | |||
Metal Production | |||||||
Gold (ounces) | 2,056 | — | 2,056 | 1,342 | — | 1,342 | |
Silver (in thousands of ounces) | 1,778 | 168 | 1,946 | 1,511 | 173 | 1,684 | |
Silver equivalent (in thousands of ounces) | 1,951 | 168 | 2,119 | 1,622 | 173 | 1,795 | |
Lead (in thousands of pounds) | 15,234 | 1,853 | 17,087 | 14,552 | 2,211 | 16,763 | |
Zinc (in thousands of pounds) | 2,250 | 4,418 | 6,668 | 2,153 | 5,251 | 7,404 | |
Metals Sold | |||||||
Gold (ounces) | 1,875 | — | 1,875 | 1,342 | — | 1,342 | |
Silver (in thousands of ounces) | 1,788 | 163 | 1,951 | 1,536 | 167 | 1,703 | |
Lead (in thousands of pounds) | 15,209 | 1,863 | 17,072 | 14,194 | 2,054 | 16,248 | |
Zinc (in thousands of pounds) | 2,203 | 4,402 | 6,605 | 2,215 | 5,105 | 7,320 | |
At the Ying Mining District, a total of 297,246 tonnes of ore were mined in Q3 Fiscal 2025, up
At the GC Mine, 86,297 tonnes of ore were mined, down
Consolidated Operational Results for the Nine Months Ended December 31, 2024 and 2023
Nine monthes ended December 31, 2024 | Nine months ended December 31, 2023 | ||||||
Ying Mining | GC | Consolidated | Ying Mining | GC | Consolidated | ||
Production Data | |||||||
Ore Mined (tonnes) | 825,371 | 263,459 | 1,088,830 | 679,990 | 241,968 | 921,958 | |
Ore Milled (tonnes) | |||||||
Gold ore | 47,463 | — | 47,463 | 36,419 | — | 36,419 | |
Silver ore | 661,972 | 257,276 | 919,248 | 599,459 | 232,824 | 832,283 | |
709,435 | 257,276 | 966,711 | 635,878 | 232,824 | 868,702 | ||
Head Grades | |||||||
Silver (grams/tonne) | 228 | 67 | 241 | 72 | |||
Lead (%) | 2.9 | 0.9 | 3.5 | 1.2 | |||
Zinc (%) | 0.6 | 2.5 | 0.7 | 2.7 | |||
Recovery Rates | |||||||
Silver (%) | 94.8 | 83.0 | 95.0 | 81.8 | |||
Lead (%) | 94.1 | 89.6 | 95.1 | 90.7 | |||
Zinc (%) | 70.6 | 90.3 | 70.7 | 90.2 | |||
Metal Production | |||||||
Gold (ounces) | 4,385 | — | 4,385 | 5,352 | — | 5,352 | |
Silver (in thousands of ounces) | 4,868 | 450 | 5,318 | 4,614 | 440 | 5,054 | |
Silver equivalent (in thousands of ounces) | 5,222 | 450 | 5,672 | 5,080 | 440 | 5,520 | |
Lead (in thousands of pounds) | 41,284 | 4,624 | 45,908 | 44,952 | 5,692 | 50,644 | |
Zinc (in thousands of pounds) | 6,513 | 12,400 | 18,913 | 6,463 | 12,363 | 18,826 | |
Metals Sold | |||||||
Gold (ounces) | 4,112 | — | 4,112 | 5,352 | — | 5,352 | |
Silver (in thousands of ounces) | 4,883 | 448 | 5,331 | 4,665 | 431 | 5,096 | |
Lead (in thousands of pounds) | 41,308 | 4,685 | 45,993 | 43,471 | 5,282 | 48,753 | |
Zinc (in thousands of pounds) | 6,514 | 12,467 | 18,981 | 6,510 | 12,308 | 18,818 | |
About Silvercorp
Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by 1) focusing on generating free cash flow from long life mines; 2) organic growth through extensive drilling for discovery; 3) ongoing merger and acquisition efforts to unlock value; and 4) long term commitment to responsible mining and ESG. For more information, please visit our website at www.silvercorpmetals.com.
For further information
Silvercorp Metals Inc.
Lon Shaver
President
Phone: (604) 669-9397
Toll Free 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www.silvercorpmetals.com
CAUTIONARY DISCLAIMER - FORWARD-LOOKING STATEMENTS
This news release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable securities laws relating to, among other things statements regarding the processing of ore stockpiles and timing of release the Company's Q3 Fiscal 2025 unaudited financial results. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking information may in some cases be identified by words such as "will", "anticipates", "expects", "intends" and similar expressions suggesting future events or future performance.
We caution that all forward-looking information is inherently subject to change and uncertainty and that actual results may differ materially from those expressed or implied by the forward-looking information. A number of risks, uncertainties and other factors, including fluctuating commodity prices; recent market events and condition; estimation of mineral resources, mineral reserves and mineralization and metal recovery; interpretations and assumptions of mineral resource and mineral reserve estimates; exploration and development programs; climate change; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and economic returns of future production; integration of future acquisitions into existing operations; permits and licences for mining and exploration in
i Silver equivalent is calculated by converting the gold metal quantity to its silver equivalent using the ratio between the net realized selling prices of gold and silver achieved, and then adding the converted amount expressed in silver ounces to the ounces of silver.
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SOURCE Silvercorp Metals Inc
FAQ
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