Silvercorp Metals Reports Record Revenue, Surges on Silver Prices

Silvercorp Metals (TSX: SVM) (NYSE American: SVM) has reported record fiscal 2026 revenue of $438.1 million, a 47% increase year over year, driven by a 72% surge in realized silver prices. The company also generated $310.6 million in operating cash flow and $181.3 million in free cash flow. In the fourth quarter, Silvercorp posted record quarterly revenue of $147.4 million, up 96%, and adjusted EBITDA attributable to equity shareholders of $98.1 million. These financial highlights underscore the company's strong operational performance and the favorable pricing environment for silver.

Silvercorp ended the fiscal year with $422.3 million in cash and short-term investments, providing ample liquidity to advance growth initiatives. Key projects include the development of the El Domo mine in Ecuador and the completion of its acquisition of a 70% interest in the ZAAV project in Kyrgyzstan. The company also highlighted continued ESG progress, including an improved MSCI ESG rating of AA. The company's focus on generating free cash flow from long-life mines, organic growth through drilling, strategic mergers and acquisitions, and a long-term commitment to responsible mining and ESG are core to its strategy.

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