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Silvercorp Metals Slips After Hours as It Reports Fiscal First Quarter Production and Sales
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Silvercorp Metals Slips After Hours as It Reports Fiscal First Quarter Production and Sales
Jul 15, 2025 2:37 PM

05:29 PM EDT, 07/15/2025 (MT Newswires) -- Silvercorp Metals ( SVM ) shares slipped in after-hours New York trading after the company late on Thursday reported production and sales results for the first fiscal quarter ended on June 30.

The company said it generated about US$81.3 million in revenue in the quarter, a 13% rise from the same period last year. It produced 1.8-million ounces of silver, up 6% year-over-year, and about 2-million ounces of silver equivalent, compared with 1.8-million ounces in the prior year's quarter.

Lead production totaled around 15.7-million pounds, a 1% increase from last year, while zinc production declined by 19% to about 5.2-million pounds, the company said, adding that exploration activity remained steady at both the Ying Mining District and the GC Mine, with 81,425 meters of drilling and 19,950 meters of exploration tunneling completed.

The company's shares were last seen down US$0.04 to US$5.02 after hours.

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