11:50 AM EDT, 05/23/2025 (MT Newswires) -- (Updates shares.)

Silvercorp Metals ( SVM ) late on Thursday reported that its adjusted earnings surged in the fiscal fourth quarter as revenue jumped 76%.

Adjusted earnings, excluding most one-time items, rose to US$14.7 million, or US$0.07 per share, from US$3.8 million, or US$0.02, in the year-prior quarter, missing the US$0.10 earnings per share consensus estimate compiled by FactSet.

Revenue was US$75.1 million, up from US$42.7 million. The company processed 345,984 tonnes of ore, an increase from 237,493 tonnes. Production was 1.9-million ounces of silver equivalent, rising from 1.3-million ounces.

Silvercorp shares were last seen down $0.28 to $5.13 on the Toronto Stock Exchange.

Price: 5.12, Change: -0.29, Percent Change: -5.36