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Silvercorp Metals Reports Operational Results and Financial Results Release Date for the Fiscal 2025, and Issues Fiscal 2026 Production, Cash Costs, and Capital Expenditure Guidance
VANCOUVER, BC, April 16, 2025 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reports production and sales figure
About this update from Silvercorp Metals Inc.
[{"type":"text","content":" VANCOUVER, BC, April 16, 2025 /CNW/ - Silvercorp Metals Inc. (\"Silvercorp\" or the \"Company\") (TSX: SVM) (NYSE American: SVM) reports production and sales figures for the fourth quarter (\"Q4 Fiscal 2025\") and fiscal year ended March 31, 2025 (\"Fiscal 2025\") and the production and cost guidance for the 2026 fiscal year ending March 31, 2026 ('Fiscal 2026\"). Silvercorp expects to release its Fiscal 2025 audited financial results on Thursday, May 22, 2025, after market close. Q4 Fiscal 2025 Operational Highlights Revenue of approximately $75.1 million, an increase of 76% over the same quarter last year (\"Q4 Fiscal 2024\"); Ore processed 345,984 tonnes, up 46% over Q4 Fiscal 2024; Silver production of 1.6 million ounces, an increase of 42% over Q4 Fiscal 2024; silver equivalent (only silver and gold)i production of approximately 1.9 million ounces, compared to 1.3 million ounces in Q4 Fiscal 2024; Lead production of approximately 16.3 million pounds, an increase of 30% over Q4 Fiscal 2024; and Zinc production of approximately 4.4 million pounds, a decrease of 3% over Q4 Fiscal 2024. Fiscal 2025 Operational Highlights Record revenue of approximately $298.9 million, up 39% over Fiscal 2024; Record silver production of approximately 6.9 million ounces, up 12% and within the Company's annual production guidance to produce 6.8 to 7.2 million ounces of silver in Fiscal 2025; silver equivalent (only silver and gold) production of approximately 7.6 million ounces, an increase of 11% over Fiscal 2024. Q4 Fiscal 2025 Operational Results At the Ying Mining District, 304,224 tonnes of ore were processed, up 69% over Q4 Fiscal 2024. Approximately 1,563 Koz (thousands of ounces) of silver, 3,110 oz (ounces) of gold, or 1,850 Koz of silver equivalent plus 15,563 Klbs (thousands of pounds) of lead, and 2,039 Klbs of zinc were produced, representing production increases of 62%, 47%, 50%, 38%, and 17%, respectively, in gold, silver, silver equivalent, lead and zinc over Q4 Fiscal 2024. At the GC Mine, 41,760 tonnes of ore were processed, down 27% over Q4 Fiscal 2024. Approximately 67 Koz of silver, 699 Klbs of lead, and 2,365 Klbs of zinc were produced, representing decreases of 23%, 42% and 16%, respectively, in silver, lead and zinc over Q4 Fiscal 2024. Q4 Fiscal 2025 Q4 Fiscal 2024 &nb...