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Silvercorp Metals ( (TSE:SVM) ) has issued an update.
Silvercorp Metals reported its financial results for Q1 Fiscal 2026, highlighting an adjusted net income of $21.0 million and cash flow from operating activities of $48.3 million. The company produced approximately 1.8 million ounces of silver and 2,050 ounces of gold, with total revenues reaching $81.3 million. Despite a slight decrease in net income compared to the previous year, Silvercorp increased its cash and cash equivalents to $377.1 million. The company also invested in exploration and development in China and Ecuador, and maintained a strong financial position with a stream financing commitment from Wheaton Precious Metals for the El Domo project.
The most recent analyst rating on (TSE:SVM) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Silvercorp Metals stock, see the TSE:SVM Stock Forecast page.
Spark’s Take on TSE:SVM Stock
According to Spark, TipRanks’ AI Analyst, TSE:SVM is a Outperform.
Silvercorp Metals’ strong financial performance and positive corporate events are the primary drivers of its high score. Technical analysis and valuation are supportive but less impactful. The company’s strategic growth initiatives and solid financial management position it well for future growth.
To see Spark’s full report on TSE:SVM stock, click here.
More about Silvercorp Metals
Silvercorp Metals Inc. operates in the mining industry, primarily focusing on the production of silver, gold, lead, and zinc. The company has operations in China and Ecuador, and it is listed on the TSX and NYSE American exchanges.
Average Trading Volume: 660,175
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$1.38B
See more insights into SVM stock on TipRanks’ Stock Analysis page.