Silvercorp Metals (SVM) AI Stock Analysis

• Market Cap: $1.52B
• Dividend Yield: 0.51%
• Average Volume (3M): 652.83K
• Price to Earnings (P/E): 19.8
• Beta (1Y): 1.85
• Revenue Growth: 39.43%
• EPS Growth: -6.41%
• Country: CA
• Employees: 1,207
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Silver
• EPS (TTM): 0.11
• Shares Outstanding: 218,630,130
• 10 Day Avg. Volume: 562,787
• 30 Day Avg. Volume: 652,834
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.72
• Enterprise Value/Revenue: 3.66
• Enterprise Value/Gross Profit: 8.85
• Enterprise Value/Ebitda: 7.89
• 1Y Price Target: $8.49
• Price Target Upside: 24.08% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 75 Outperform
• Price Target: C$8.00 ▲(16.96% Upside)

Silvercorp Metals' overall stock score is driven by strong financial performance and positive technical indicators. However, the mixed earnings call outlook and moderate valuation slightly temper the score. The absence of significant corporate events further stabilizes the evaluation.

Positive Factors

Construction Progress

Construction activities continue to progress at El Domo, with total material movement reaching 370,564 cubic metres and construction began at the Kuanping project regional to Ying.

Financial Stability

Silvercorp has a strong balance sheet and track record of delivering solid margins, presenting a re-rating opportunity as the company optimizes operations at Ying.

Mill Expansion

Throughput at Ying remained strong following completion of the mill expansion, with 283kt processed slightly exceeding the 279kt forecast.

Negative Factors

Production Results

Silvercorp's FYQ1 production results were below the forecast, with silver production of 1.83Moz vs. the 2.06Moz estimate and revenue of $81.3M below the $93.7M estimate.

Silver Grades

Lower-than-forecast grades at Ying drove the miss, with silver production of 1.70Moz below the 1.90Moz estimate due to average silver grades of 199g/t, 11% below the 225g/t forecast.

Silvercorp Metals Business Overview & Revenue Model

Company Description

Silvercorp Metals Inc. is a Canadian mining company primarily engaged in the acquisition, exploration, and development of silver-related mineral properties. The company focuses on silver mining in China, with its flagship operations located in the Guangdong province. Silvercorp is recognized for its sustainable mining practices and commitment to responsible resource extraction, providing silver, lead, and zinc as its core products. The company aims to enhance shareholder value through efficient production and strategic exploration initiatives.

How the Company Makes Money

Silvercorp Metals generates revenue primarily through the mining and sale of silver, lead, and zinc concentrates. The majority of its revenue comes from the sale of silver, with lead and zinc acting as significant by-products. The company operates several mining projects, with the key revenue streams arising from the extraction and processing of ore from its mines. Additionally, Silvercorp benefits from strategic partnerships and joint ventures that enhance its exploration capabilities and resource development. Market fluctuations in silver and other metal prices significantly impact the company’s earnings, alongside operational efficiency and cost management strategies.

Silvercorp Metals Financial Statement Overview

Summary

Silvercorp Metals demonstrates strong financial performance with robust revenue growth and profitability. The company maintains a solid balance sheet with low leverage and effective equity utilization. Strong cash flow generation underscores effective financial management and operational efficiency.

Income Statement

Silvercorp Metals has demonstrated strong revenue growth, with the most recent annual data showing a 38.93% increase from the previous year. This is accompanied by solid profitability metrics, including a Gross Profit Margin of 41.33% and a Net Profit Margin of 19.46%, indicating efficient cost management. The EBIT and EBITDA margins are also robust at 34.51% and 47.76%, respectively, showcasing strong operational performance. However, slight variability in profit margins over the years suggests some exposure to market fluctuations.

Balance Sheet

The company maintains a strong equity position, with a Debt-to-Equity Ratio of 0.16, indicating low leverage and prudent financial management. The Return on Equity stands at a healthy 8.28%, reflecting effective use of equity financing. The Equity Ratio of 61.68% further underscores the company's solid financial structure. While these metrics portray stability, the slight increase in liabilities over time should be monitored to maintain this strength.

Cash Flow

Silvercorp Metals exhibits excellent cash flow performance, with a significant Free Cash Flow growth rate of 87.21% year-over-year. The Operating Cash Flow to Net Income Ratio is 2.38, suggesting strong cash generation relative to earnings. The Free Cash Flow to Net Income Ratio of 0.90 indicates efficient capital expenditure management. While these metrics reflect strong liquidity and cash management, maintaining consistent free cash flow growth will be key to sustaining this performance.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	298.89M	298.89M	215.19M	208.13M	217.92M	192.10M
Gross Profit	123.55M	123.55M	125.81M	70.78M	84.30M	84.16M
EBITDA	138.61M	142.76M	99.14M	64.80M	95.21M	97.07M
Net Income	58.19M	58.19M	36.31M	20.61M	30.63M	46.38M
Balance Sheet
Total Assets	1.14B	1.14B	702.82M	676.80M	723.54M	652.64M
Cash, Cash Equivalents and Short-Term Investments	369.06M	369.06M	184.89M	203.32M	212.93M	199.09M
Total Debt	111.98M	111.98M	1.31M	583.00K	1.26M	1.74M
Total Liabilities	305.55M	305.55M	105.81M	96.97M	103.42M	86.91M
Stockholders Equity	702.73M	702.73M	507.25M	489.05M	512.40M	467.57M
Cash Flow
Free Cash Flow	23.02M	52.60M	28.10M	30.69M	40.17M	33.71M
Operating Cash Flow	138.63M	138.63M	91.57M	85.64M	107.38M	85.91M
Investing Cash Flow	-44.67M	-44.67M	-65.71M	-26.52M	-106.63M	-40.97M
Financing Cash Flow	115.62M	115.12M	-16.80M	-17.98M	-7.43M	-1.45M

Silvercorp Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.84
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SVM, the sentiment is Positive. The current price of 6.84 is above the 20-day moving average (MA) of 6.41, above the 50-day MA of 6.34, and above the 200-day MA of 5.37, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 60.37 is Neutral, neither overbought nor oversold. The STOCH value of 85.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SVM.

Silvercorp Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVM	75 Outperform	$1.52B	19.79	8.70%	0.51%	39.43%	-6.41%
Sector *	61 Neutral	$10.27B	6.37	0.76%	2.91%	3.10%	-36.03%
MAG	―	$2.57B	24.74	17.75%	1.62%	―	―
SCZ	78 Outperform	C$677.32M	8.00	43.36%	―	27.40%	-53.94%
AYA	51 Neutral	C$2.12B	152.08	-3.11%	―	130.83%	-208.57%
DV	42 Neutral	C$471.56M	―	-22.01%	―	―	27.67%
DSVSF	―	$2.55B	―	-3.52%	―	―	―

Silvercorp Metals Corporate Events

Silvercorp Metals Reports Strong Q1 Fiscal 2026 Results with Increased Cash Flow

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.

Silvercorp’s El Domo Project Secures Environmental License in Ecuador

Silvercorp Metals Inc. announced that the Constitutional Court of Ecuador has upheld the environmental license for the El Domo mining project, dismissing all legal challenges against it. The project, which has received overwhelming local support, is expected to bring significant socio-economic benefits to the Las Naves community. Despite ongoing unlawful activities by anti-mining groups, Silvercorp remains committed to advancing the project responsibly and in compliance with Ecuadorian law, reinforcing its dedication to ethical and sustainable practices.

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.

Silvercorp Reports Strong Q1 Fiscal 2026 Results with Increased Revenue and Production

Silvercorp Metals Inc. reported strong operational results for the first quarter of fiscal 2026, with a 13% increase in revenue to approximately $81.3 million compared to the same period last year. The company achieved a 6% rise in silver production to 1.8 million ounces and a 79% increase in gold production. However, zinc production saw a decline of 19%. The ongoing exploration and development activities at the Ying Mining District and GC Mine, along with the construction progress at the El Domo and Kuanping mines, indicate Silvercorp’s strategic focus on growth and expansion. These results underscore Silvercorp’s robust operational performance and its potential for future growth, which could positively impact its market positioning and stakeholder value.

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.

Silvercorp Updates Mineral Resource Estimate for Condor Project

Silvercorp Metals Inc. has filed an updated mineral resource estimate for its Condor gold project in Ecuador, prepared by SRK Consulting. This filing, done voluntarily, indicates that the Condor Project is not currently a material property for the company, suggesting limited immediate impact on its operations. However, it reflects Silvercorp’s ongoing efforts to maintain transparency and compliance with industry standards.

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.

Silvercorp Metals Files Fiscal 2025 Annual Report

Silvercorp Metals Inc. has filed its fiscal 2025 annual report on Form 40-F with the U.S. Securities and Exchange Commission. This filing, which includes audited financial statements and management’s discussion, is accessible on both the company’s and the SEC’s websites. This move underscores Silvercorp’s transparency and commitment to keeping stakeholders informed, potentially impacting its market positioning by reinforcing investor confidence.

The most recent analyst rating on (TSE:SVM) stock is a Buy with a C$5.10 price target. To see the full list of analyst forecasts on Silvercorp Metals stock, see the TSE:SVM Stock Forecast page.

Silvercorp Declares Semi-Annual Dividend Amidst Strategic Growth Focus

Silvercorp Metals Inc. has announced a semi-annual dividend of US$0.0125 per share, payable to shareholders of record by June 6, 2025, with payment by June 26, 2025. This dividend declaration reflects the company’s ongoing commitment to returning value to shareholders, although future dividends will depend on various factors such as commodity prices and market conditions.

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.

Silvercorp Metals Reports Strong Fiscal 2025 Results and Strategic Expansion

Silvercorp Metals Inc. reported a strong fiscal year 2025, with an adjusted net income of $75.1 million and cash flow from operations reaching $138.6 million. Despite a loss attributable to equity shareholders in Q4, the company achieved significant revenue growth and operational efficiency, highlighted by a 76% increase in quarterly revenue and a 101% rise in mine operating earnings. The acquisition of Adventus Mining Corporation and investments in projects like El Domo and Condor demonstrate Silvercorp’s strategic expansion efforts. The company also strengthened its financial position with increased cash reserves and a stream financing credit for future project development.

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.

Silvercorp Updates Mineral Resource Estimate for Ecuador’s Condor Project

Silvercorp Metals has announced an updated mineral resource estimate for its Condor Project in Ecuador, highlighting a shift towards higher-grade underground mining. The updated estimate, prepared by SRK Consulting, reveals significant indicated and inferred underground resources at the Camp and Los Cuyes deposits, with favorable metallurgical test results indicating high gold recoveries. This update is expected to enhance Silvercorp’s operational efficiency and strengthen its position in the mining industry.

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.