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Posted On: 05/23/2025 3:54:22 PM
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NetworkNewsBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) Reports $58.2 Million Net Income for Fiscal 2025, Revenue Up 39 Percent
Silvercorp Metals (TSX: SVM) (NYSE American: SVM) reported $58.2 million in net income for the fiscal year ended March 31, 2025, up 60% from the prior year, on revenue of $298.9 million, a 39% increase. Fiscal 2025 production included 7.5K oz of gold, 6.9M oz of silver, 62.2M lb of lead and 23.3M lb of zinc. The company also posted adjusted earnings of $75.1 million or $0.37 per share, with cash flow from operations reaching $138.6 million. In Q4, Silvercorp reported a net loss of $7.6 million due to a $20.6 million non-cash derivative charge, but adjusted quarterly net income came in at $14.7 million. The company ended the quarter with $369.1 million in cash and short-term investments, supported by strong output at its Ying and GC mines and continued development of the El Domo project.
For more information, visit the company’s website at: www.silvercorpmetals.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Silvercorp Metals (TSX: SVM) (NYSE American: SVM) reported $58.2 million in net income for the fiscal year ended March 31, 2025, up 60% from the prior year, on revenue of $298.9 million, a 39% increase. Fiscal 2025 production included 7.5K oz of gold, 6.9M oz of silver, 62.2M lb of lead and 23.3M lb of zinc. The company also posted adjusted earnings of $75.1 million or $0.37 per share, with cash flow from operations reaching $138.6 million. In Q4, Silvercorp reported a net loss of $7.6 million due to a $20.6 million non-cash derivative charge, but adjusted quarterly net income came in at $14.7 million. The company ended the quarter with $369.1 million in cash and short-term investments, supported by strong output at its Ying and GC mines and continued development of the El Domo project.
For more information, visit the company’s website at: www.silvercorpmetals.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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