Silvercorp reported production for the second quarter of fiscal 2027, ended September 30, 2026: silver output fell 41% year over year to 0.9 million ounces and gold fell 34% to 1,371 ounces, in line with the 40-50% impact it previously disclosed. The Ying Mining District processed 213,320 tonnes of ore and resumed operations, ending the quarter at a 90% operating rate. Revenue was $72.1 million, down 13%, partly offset by realized silver and gold prices that rose 82% to $61.83 per ounce and 32% to $3,955 per ounce. About $13.4 million was spent on safety upgrades at Ying, which were inspected and approved for operations to resume. Heavy rain at El Domo, with 620 millimetres (489% above the six-year average), halted construction for 77 days, and the company will release unaudited Q2 fiscal 2027 financial results on November 5, 2026, after market close.
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Original headline: Silvercorp Reports Operational Results and Financial Results Release Date for the Second Quarter , Fiscal 2027
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- Silvercorp Reports Operational Results and Financial Results Release Date for the Second Quarter , Fiscal 2027
Silvercorp Metals reported production for the quarter ended September 30, 2026 (Q2 Fiscal 2027), with silver, gold, silver equivalent, lead and zinc output down 34% to 51% year over year, in line with the expected 40-50% impact. Production at the Ying Mining District resumed and ended the quarter at a 90% operating rate. Revenue fell 13% to $72.1 million, partly offset by average realized prices 82% higher for silver ($61.83 per ounce) and 32% higher for gold ($3,955 per ounce). About $13.4 million was spent on safety upgrades at Ying, which were inspected and approved to resume operations, while the GC Mine remains suspended. Heavy rain, running 489% above the six-year average, suspended construction at El Domo for 77 days, and unaudited interim results are due November 5, 2026, after market close.
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