Silvercorp Metals (SVM.US) reported a 43% increase in Q3 total revenue and a significant 149% growth in net profit.

Silvercorp Metals (SVM.US) released its financial and operating results for the three months ended December 31, 2024 (i.e. "2025 fiscal Q3") on February 11, 2023, revealing that Silvercorp's total revenue in 2025 fiscal Q3 reached US$83.6mn, up 43% YoY; the mine operating profit in Q3 was US$29.23mn, up about 25% YoY. Net profit attributable to shareholders, under IFRS, was approximately US$26.13mn in Q3, up 149% YoY, or US$0.12/share, compared with US$0.06/share in the same period last year; under Non-IFRS, the adjusted net profit was approximately US$21.96mn, up 92% YoY, or US$0.10/share, compared with US$0.06/share in the same period last year. Cash flow, Silvercorp Metals' net cash provided by operating activities in Q3 was approximately US$44.85mn, up 90% YoY. According to public information, Silvercorp mainly acquires, explores, develops and produces silver, gold, lead, zinc and other non-ferrous and precious metal mines. The strong trend of precious metals such as gold and silver in recent years has driven Silvercorp's stock price to rise more than 7% since the beginning of this year. With Trump's various trade tariffs and threats to impose more tariffs, global economic uncertainty is rising, and investors are turning to gold as a hedge asset, and the market still expects the trend of Fed's monetary policy to remain loose. Trump's latest tariff threat has triggered a new global gold rush, pushing gold, as a major hedge asset, to new heights and bringing the milestone price of US$3,000 into people's vision. For the future of gold, Citigroup, Goldman, UBS, BofA and other Wall Street financial giants have already reached a consensus on the future price trend of gold - that it is expected to rise to US$3,000/oz this year, compared with the current gold futures price hovering around US$2,900, which has recently broken through US$2,960 to set a new record high. Morgan Stanley's expectations are more aggressive, expecting gold to rise to US$3,100/oz this year.