05:28 PM EDT, 10/15/2025 (MT Newswires) -- Silvercorp Metals ( SVM ) edged down in after-hours New York trade on Wednesday as it reported production and sales figures for the fiscal second quarter ended Sept.30.
The company reported revenue of approximately US$83.3 million, an increase of 23% over the same quarter last year.
Silver production rose to 1.7 million ounces, an increase of 0.2% over the year-prior quarter; silver equivalent production of 1.84 million ounces, an increase of 5% compared to 1.75 million ounces; and lead production of 14.2 million pounds, an increase of 8% over Q2 Fiscal 2025; and zinc production of 5.6 million pounds, a decrease of 3% over Q2 Fiscal 2025.
SVM said active exploration continued at the Ying Mining District and the GC Mine with a total of 77,507 metres of drilling and 14,437 m of exploration tunneling completed. Also, Kuanping mine construction continued, with 831 m of ramp development and 613 m of exploration tunneling completed; And El Domo mine construction continued to advance with approximately 1.29 million cubic metres of material removed, up 249% compared to last quarter.
In addition, an underground mining preliminary economic assessment study for the Condor Project was initiated; completion expected in its fiscal third quarter.
The company's shares were last seen down US$0.01 to US$7.17 after hours. They closed up $0.48 to $10.09 on the Toronto Stock Exchange.