Silvercorp Metals Q1 Revenue Reaches $81.3 Million, Up 13% YoY

Silvercorp Metals Inc. reported Q1 revenue of $81.3mln, up 13% YoY, driven by increased silver production and higher average metal prices. The company's revenue results for the quarter ended June 30, 2025, reflect its strong performance in the silver mining sector.

Silvercorp Metals Inc. (TSX/NYSE American: SVM) reported its Q1 fiscal 2026 operational results, revealing a 13% year-over-year (YoY) increase in revenue to $81.3 million. The company's performance was driven by higher silver production and favorable metal prices, reflecting its strong position in the silver mining sector [1].

Key highlights from the Q1 results include:

- Revenue: The company's revenue grew by 13% YoY to $81.3 million, indicating robust financial performance.
- Silver Production: Silver production increased by 6% to 1.8 million ounces, demonstrating the company's operational strength, particularly at its flagship Ying Mining District.
- Lead Production: Lead production rose by 1% to 15.7 million pounds, contributing to the overall revenue growth.
- Zinc Production: Zinc production decreased by 19% to 5.2 million pounds, which partially offset the gains in silver and lead production.
- Exploration: The company continued active exploration with 81,425 meters of drilling and 19,950 meters of tunneling, reflecting its commitment to resource expansion.
- Mine Construction: Development activities at El Domo and Kuanping mines progressed, signaling the company's growth strategy beyond its current producing assets.

The Ying Mining District processed 283,355 tonnes of ore, up 28% over the same period last year, producing 1,689 thousand ounces (Koz) of silver and 14,601 thousand pounds (Klb) of lead. The GC Mine, however, showed concerning performance trends with processing volume down 13% and production decreases across all metals [1].

Silvercorp's Q1 results indicate a strategic shift toward higher-volume processing at the Ying Mining District, with ore processing up 28% despite lower head grades for silver-lead ore. This volume-over-grade approach appears effective, as the district delivered production increases in silver, gold, and lead, offsetting the decrease in zinc output [2].

The company's aggressive exploration campaign and ongoing development at El Domo and Kuanping mines signal its growth strategy and potential for future production increases. However, the contrasting performance between the Ying and GC mines suggests a transition period that could reshape Silvercorp's production profile in the coming quarters.

For further information, please visit Silvercorp's website at www.silvercorpmetals.com.

References:

[1] https://silvercorpmetals.com/silvercorp-reports-operational-results-and-financial-results-release-date-for-the-first-quarter-fiscal-2026/
[2] https://www.stocktitan.net/news/SVM/silvercorp-reports-operational-results-and-financial-results-release-1h1rz3g1ecfs.html