filecrux
Oct 19, 10:12 PM
$SVM Silvercorp, a Canadian silver-lead-zinc miner, now expects its GC mine in China to stay shut until about November 2027, pending approval of a new mine design. GC processed just 477 tonnes in the Sept quarter vs 76,249 a year earlier; Q2 FY27 revenue was
$72.1M, down 13% y/y. Cash was
$364.0M at March 31, 2025, the latest tagged; shares closed
$9.77 (16:00 ET, October 19, 2026). Yet GC is under 10% of revenue; main mine Ying resumed after a safety halt, ending Q2 at a 90% rate, but its silver output fell 41% y/y. Full Q2 results Nov 5 after close.
1 replies