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Silvercorp Metals Inc (SVM.TO)

SVM.TO on Toronto Stock Exchange

9.58CAD
25 Sep 2020
Change (% chg)

$-0.04 (-0.42%)
Prev Close
$9.62
Open
$9.53
Day's High
$9.69
Day's Low
$9.38
Volume
400,548
Avg. Vol
978,464
52-wk High
$11.62
52-wk Low
$2.12

Latest Key Developments (Source: Significant Developments)

Silvercorp Metals Mined 254,555 Tonnes Of Ore, Down 1% Compared To Prior Year Quarter
Friday, 7 Aug 2020 

Aug 6 (Reuters) - Silvercorp Metals Inc ::SILVERCORP METALS INC - IN QUARTER, MINED 254,555 TONNES OF ORE, DOWN 1% COMPARED TO PRIOR YEAR QUARTER.SILVERCORP METALS INC - QTRLY EARNINGS PER SHARE $0.09.SILVERCORP METALS INC - REVENUE IN Q1 WAS $46.7 MILLION, UP 2% OR $1.1 MILLION COMPARED TO $45.6 MILLION IN PRIOR YEAR QUARTER.  Full Article

Silvercorp Metals Says Co Elects Not To Match Superior Proposal For Guyana Goldfields
Thursday, 11 Jun 2020 

June 10 (Reuters) - Silvercorp Metals Inc ::SILVERCORP ELECTS NOT TO MATCH SUPERIOR PROPOSAL FOR GUYANA GOLDFIELDS.SILVERCORP METALS INC - IN EVENT GUYANA GOLDFIELDS TERMINATES ARRANGEMENT AGREEMENT, SILVERCORP WILL RECEIVE TERMINATION FEE OF C$9.0 MILLION.  Full Article

Guyana Goldfields Inc Announces Receipt Of Notification From Silvercorp Metals Inc That It Will Not Match The New Offer
Thursday, 11 Jun 2020 

June 10 (Reuters) - Guyana Goldfields Inc ::GUYANA GOLDFIELDS INC. ANNOUNCES RECEIPT OF NOTIFICATION FROM SILVERCORP METALS INC. THAT IT WILL NOT MATCH THE NEW OFFER.  Full Article

Silvercorp Metals Posts Quarterly Revenue Of $18.9 Million, Down 46%
Friday, 22 May 2020 

May 21 (Reuters) - Silvercorp Metals Inc ::SILVERCORP REPORTS NET INCOME OF $34.3 MILLION, $0.20 PER SHARE, AND CASH FLOW FROM OPERATIONS OF $77.2 MILLION FOR FISCAL 2020.SILVERCORP METALS INC - QTRLY REVENUE OF $18.9 MILLION, DOWN 46%.SILVERCORP METALS INC - IN Q4, MINED 106,595 TONNES OF ORE, A DECREASE OF 34%.  Full Article

Silvercorp Metals To Acquire Guyana Goldfields Creating A Diversified Precious Metals Producer
Monday, 27 Apr 2020 

April 27 (Reuters) - Silvercorp Metals Inc ::SILVERCORP METALS TO ACQUIRE GUYANA GOLDFIELDS CREATING A DIVERSIFIED PRECIOUS METALS PRODUCER.SILVERCORP - GUYANA HOLDERS HAVE OPTION TO RECEIVE, FOR EACH SHARE, C$0.60 IN CASH OR 0.1195 OF CO'S SHARES SUBJECT TO MAXIMUM CASH OF C$33.2 MILLION.SILVERCORP METALS INC - IF GUYANA HOLDERS ELECT TO RECEIVE CASH, CONSIDERATION FOR EACH SHARE WILL CONSIST OF C$0.20 IN CASH AND 0.0796 OF CO'S SHARE.SILVERCORP METALS - ASSUMING MAXIMUM CASH CONSIDERATION, EXISTING GUYANA HOLDERS WILL OWN 7.1% OF CO'S PRO FORMA BASIC SHARES.SILVERCORP METALS INC - IMPLIED EQUITY VALUE OF TRANSACTION IS ABOUT C$105 MILLION.SILVERCORP METALS - WILL LEND GUYANA GOLDFIELDS UP TO US$15 MILLION WITH A DEFINED USE OF PROCEEDS RELATED TO ONGOING OPERATIONS AT AURORA UNDERGROUND PROJECT.  Full Article

Silvercorp Announces Share Repurchase Program
Tuesday, 17 Mar 2020 

March 17 (Reuters) - Silvercorp Metals Inc ::SILVERCORP ANNOUNCES SHARE REPURCHASE PROGRAM.SILVERCORP METALS INC - ANNOUNCES NORMAL COURSE ISSUER BID TO ACQUIRE UP TO 8.7 MILLION COMMON SHARES OF COMPANY.  Full Article

Silvercorp Metals Inc - QTRLY Earnings Per Share $0.04
Friday, 7 Feb 2020 

Silvercorp Metals Inc ::SALES IN Q3 FISCAL 2020 WERE $44.5 MILLION, UP 5% OR $2.1 MILLION, COMPARED TO $42.4 MILLION IN Q3 FISCAL 2019.QTRLY EARNINGS PER SHARE $0.04.Q3 EARNINGS PER SHARE VIEW $0.06, REVENUE VIEW $48.8 MILLION -- REFINITIV IBES DATA.SILVERCORP METALS - QTRLY ALL-IN SUSTAINING COST PER OUNCE OF SILVER, NET OF BY-PRODUCT CREDITS, OF $7.21, VERSUS $6.53.SILVERCORP METALS - IN FISCAL 2021, EXPECTS TO PROCESS APPROXIMATELY 930,000 - 970,000 TONNES OF ORE, YIELDING 6.2 MILLION TO 6.5 MILLION OUNCES OF SILVER.SOLD APPROXIMATELY 1.7 MILLION OUNCES OF SILVER, 18.8 MILLION POUNDS OF LEAD, AND 8.4 MILLION POUNDS OF ZINC IN Q3.  Full Article

Silvercorp Metals Inc Says Due To Coronavirus Situation, Co Now Expects A Re-Start Date Of Feb 10
Thursday, 30 Jan 2020 

Jan 29 (Reuters) - Silvercorp Metals Inc ::SILVERCORP METALS INC - FOR CHINESE NEW YEAR HOLIDAY CO'S PRODUCTION WAS SUSPENDED ON JAN 17 & WAS SCHEDULED TO RE-START ON FEB 1.SILVERCORP METALS INC - DUE TO CORONAVIRUS SITUATION, CO NOW EXPECTS A RE-START DATE OF FEB 10.SILVERCORP METALS INC - EXPECTS TO CATCH-UP ON LOST PRODUCTION TIME WITH SHORTENED HOLIDAYS IN FUTURE.  Full Article

Silvercorp Metals Inc Reports Q2 Earnings Per Share Of $0.07
Friday, 8 Nov 2019 

Nov 7 (Reuters) - Silvercorp Metals Inc ::QTRLY REVENUE UP 4% TO $49.9 MILLION COMPARED TO PRIOR YEAR QUARTER.Q2 EARNINGS PER SHARE $0.07.QTRLY PRODUCED AND SOLD APPROXIMATELY 1.9 MILLION OUNCES OF SILVER.QTRLY PRODUCED AND SOLD APPROXIMATELY 1,100 OUNCES OF GOLD.SILVERCORP METALS - QTRLY ALL-IN SUSTAINING COST PER OUNCE OF SILVER, NET OF BY-PRODUCT CREDITS, OF $4.15, UP 63% COMPARED TO $2.54 IN PRIOR YEAR QUARTER.Q2 EARNINGS PER SHARE VIEW $0.06 -- REFINITIV IBES DATA.  Full Article

Silvercorp Reports Net Income Of $0.23 Per Share For Fiscal 2019
Friday, 24 May 2019 

May 23 (Reuters) - Silvercorp Metals Inc ::SILVERCORP REPORTS NET INCOME OF $39.7 MILLION, $0.23 PER SHARE, AND CASH FLOW FROM OPERATIONS OF $67.8 MILLION, FOR FISCAL 2019.Q4 EARNINGS PER SHARE $0.07.QTRLY SALES OF $35.0 MILLION, DOWN 9% COMPARED TO $38.4 MILLION IN PRIOR YEAR QUARTER.Q4 ADJUSTED EARNINGS PER SHARE $0.03.Q4 SALES FELL 9 PERCENT TO $35 MILLION.QTRLY ALL-IN SUSTAINING COST PER OUNCE OF SILVER, NET OF BY-PRODUCT CREDITS, OF $4.49, COMPARED TO $3.04.SILVERCORP METALS - METALS SOLD AMOUNTED TO ABOUT 1.3 MILLION OUNCES OF SILVER, 700 OUNCES OF GOLD, 12.7 MILLION POUNDS OF LEAD, AND 7.3 MILLION POUNDS OF ZINC.  Full Article

China's Zijin Mining to buy Guyana Goldfields for $238 million

BEIJING China's Zijin Mining said on Friday it would acquire Guyana Goldfields for C$323 million ($238 million), bringing an end to a protracted takeover battle for the Canada-listed gold miner.