News about Silvercorp

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.