Business
Silvercorp Metals Reports Adjusted Net Income of $47.9 Million, $0.22 Per Share, and Cash Flow From Operating Activities of $132.9 Million for Q3 Fiscal 2026
VANCOUVER, BC, Feb. 9, 2026 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reported its financial and operating
About this update from Silvercorp Metals Inc.
[{"type":"text","content":" VANCOUVER, BC, Feb. 9, 2026 /CNW/ - Silvercorp Metals Inc. (\"Silvercorp\" or the \"Company\") (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the three months ended December 31, 2025 (\"Q3 Fiscal 2026\"). All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q3 Fiscal 2026 Steady Silver Equivalent Production: Produced approximately 1.9 million ounces of silver, 2,096 ounces of gold, or approximately 2.0 million ounces of silver equivalent1 (silver and gold only); Record Quarterly Revenue: Sold approximately 1.9 million ounces of silver, 2,250 ounces of gold, 16.4 million pounds of lead, and 7.0 million pounds of zinc, for revenue of $126.1 million, an increase of 51% over the three months ended December 31, 2024 (\"Q3 Fiscal 2025\"); Realized silver selling price: $49.0 per ounce after smelter deduction, with silver representing 72% of the quarterly revenue; Cash cost per ounce of silver (net of by-product credits)1: negative $3.02, significant improvement from negative $1.88 in Q3 Fiscal 2025; All-in sustaining cost per ounce of silver (\"AISC\")1 (net of by-product credits): $12.86, remaining flat with $12.75 in Q3 Fiscal 2025; Adjusted net income1 attributable to equity shareholders: $47.9 million, or $0.22 per share, after excluding non-cash or one-time items, compared to $22.0 million or $0.10 per share in Q3 Fiscal 2025; Adjusted earnings before interest, income tax, depreciation and amortization (\"EBITDA\")1: $66.7 million, or $0.30 per share, compared to $40.1 million or $0.18 per share in Q3 Fiscal 2025; Net loss attributable to equity shareholders: $15.8 million, or $0.07 per share, mainly due to a $60.2 million non-cash charge on \"mark-to-market\" of the fair value of convertible notes; Record cash flow from operating activities: $132.9 million, up $88.1 million, compared to $44.8 million in Q3 Fiscal 2025, including the $43.9 million draw-down from Wheaton Precious Metals in October 2025; Record free cash flow1: $89.6 million, up $69.0 million, compared to $20.5 million in Q3 Fiscal 2025; and Cash position: Ended the period with cash and cash equivalents and short-term investments of $462.8 million, an increase of $80.6 million from the previous quarter, and a portfolio of equity investments with a total market value of $233.2 millio...