Silvercorp Metals Up 2.5% After Hours On Higher Q3 Earnings

Silvercorp Metals Inc. (SVM) shares rose 2.5% in after-hours trading on Tuesday, February 11, following the company's release of strong Q3 Fiscal 2025 earnings. The company reported adjusted net income of $22.0 million, or $0.10 per share, in line with analysts' expectations. Revenue for the quarter was $83.6 million, up 43% year-over-year, driven by increased production and higher average selling prices for gold, silver, lead, and zinc.

Silvercorp's operational performance in Q3 was robust, with the company mining 383,543 tonnes of ore and milling 361,810 tonnes of ore, resulting in increased production of gold, silver, lead, and zinc. The company's cash cost per ounce of silver, net of by-product credits, decreased by 96% to negative $1.88, while the all-in sustaining cost per ounce of silver, net of by-product credits, decreased by 13% to $12.75. Silvercorp also generated strong cash flow from operating activities, up 90% year-over-year to $44.8 million.