Company
Silvercorp Metals Inc
TSE:SVM
Silvercorp Metals Inc is a profitable Canadian mining company producing silver, lead and zinc metals in concentrates from mines in China. The company’s goal is to continuously create healthy returns to shareholders through efficient management, organic growth and the acquisition of profitable projects. Silvercorp balances profitability, social and environmental relationships, employees’ wellbeing, and sustainable development.
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Silvercorp Metals' strong balance sheet offers hope of further capital returns or opportunistic deals according to Canaccord
The broker highlighted the group’s “pure-play” silver exposure, strong margins, healthy balance sheet and emerging organic growth profile
Silver junior shines on resource update: Proactive’s daily small cap movers
Substantial M&I resource growth lifted shares of a precious metals project developer Friday, plus other big percentage movers on news from the small and microcap space
Silvercorp Metals releases 2Q results highlighting gains in silver, gold and lead production
The company said it produced around 1.8 million ounces of silver, 1,200 ounces of gold and 18.0 million pounds of lead during the period, representing gains of 6%, 50% and 2% respectively compared to the corresponding year-ago period
Silvercorp Metals releases fiscal 2Q 2023 operational update; to announce financial results on November 3
The China-focused company reported a 6% increase in silver production, 50% increase in gold, and a 2% increase in lead output in the second quarter ended September 30, 2022
Silvercorp Metals hits new, high-grade silver-lead-zinc veins at LMW mine at Ying project
From October 1, 2021 to September 30, this year, 56,803 metres (m) in 416 diamond drill holes, including 372 underground and 44 surface were completed at LMW
Silvercorp Metals projects strong silver production at Ying Property in China based on technical report
The company estimates annual silver production to average roughly 7 million ounces between fiscal 2023 and 2025, 8 million ounces between 2026 and 2029, 7.1 million ounces between 2030 and 2032, and 4 million ounces between 2033 and 2037
Silvercorp Metals announces publication of annual Sustainability Report for Fiscal 2022
"While our approach to sustainability will continue to evolve over time, our commitment to integrating ESG factors in our strategic planning, operations, and management remains the same," said CEO Dr Rui Feng
NA Proactive news snapshot: Sanatana Resources, LQwD Fintech, PharmaDrug, Los Andes Copper, Psyched Wellness, ION Energy, Wishpond Technologies UPDATE...
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Canaccord likes Silvercorp Metals 'pure-play' silver exposure, strong margins, healthy balance sheet and emerging organic growth
It comes after the release of the group's financial and operating results for the first quarter to June 30 this year, which showed the company has $150 million in cash and no debt
Silvercorp Metals posts first quarter financial and operating results showing an increase in revenue as mined ore tonnes and rolled rose significantly
The company mined 300,104 tonnes of ore and milled 298,176 tonnes of ore, up 30% and 23% compared to the prior-year quarter
Silvercorp Metals posts double-digit growth in silver, lead and gold production and sales in 1Q
The China-focused firm said on a consolidated basis, sales increased 17%, 10%, and 14% for silver, lead, and gold, respectively
Silvercorp Metals records 13% revenue increase in fiscal year ended March 31, 2022
The company ended its fiscal year with a strong balance sheet of $212.9 million in cash and cash equivalents and short-term investments, up 7% compared to the year-ago period