Silvercorp Metals Inc. (SVM) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. Good afternoon. My name is John, and I'll be your conference operator today. At this time, I would like to welcome everyone to Silver Court Quarter and Full Year Fiscal 2026 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, then the number one in your telephone keypad. If you would like to withdraw your question, please press star, then the number two. Thank you. I would now like to turn the conference over to Lon Shaver, President of Silver Corp. Please go ahead. Thank you, John. On behalf of Silver Corp, I'd like to welcome everyone to this call to discuss our fourth quarter and full year fiscal 2026 financial results, which are released on Tuesday. A copy of the news release, the MD&A, and our financial statements are available on our website and CDR+. Before we get going, please note that Now certain statements on today's call will contain forward-looking information within the meaning of securities laws. Additionally, please review the cautionary statements in our news release as well as the risk factors described in our most recent regulatory filings. So we'll start with the financial results for the quarter. We delivered another quarter of strong performance in Q4, which was highlighted by record revenue of $147 million, up 96% from last year. Cash flow from operating activities And free cash flow reached $90 million and $58 million, respectively, up 194% and 308% from last year. This performance was mainly driven by a 183% increase in the realized selling price of silver, which averaged just above $78 an ounce after smelter deductions. ...