Silvercorp Metals (TSX: SVM) (NYSE American: SVM) posted Q1 Fiscal 2026 revenue of $81.3 million from sales of 1.8 million ounces (oz) of silver, 1,951 oz of gold, 15.2 million pounds (lb) of lead, and 5.2 million lb of zinc. The company produced 1.8 million oz of silver, 2,050 oz of gold, 15.7 million lb of lead, and 5.2 million lb of zinc, totaling 2.0 million oz silver equivalent, with an all-in sustaining cost of $13.49 per oz of silver, net of by-product credits. Net income attributable to equity shareholders was $18.1 million, or $0.08 per share, with adjusted net income of $21.0 million, or $0.10 per share. EBITDA attributable to equity shareholders was $33.8 million, or $0.15 per share. Operating cash flow reached $48.3 million, generating $22.5 million in free cash flow. During the quarter, Silvercorp invested $18.8 million in China operations, $5.4 million in Ecuador operations, and paid $2.7 million in dividends. The company ended the period with $377.1 million in cash and equivalents, $72.2 million in equity investments, and a $175 million stream financing commitment from Wheaton Precious Metals International Ltd. for the El Domo project.
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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.
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