Silvercorp Metals Q2 Revenue Falls 13% on Lower Production
Bitget2026/10/19 22:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Silvercorp Metals reported revenue of $72.1 million for fiscal 2027’s second quarter ended September 30, 2026, down 13% on lower production.
- An 82% rise in the average realized silver price to $61.83 per ounce partly offset the production decline.
- Ying Mining District silver output fell 41% to 900,000 ounces; gold production declined 34% to 1,371 ounces.
- Ying resumed production following safety improvements, reaching a 90% operating rate at quarter-end.
- GC Mine remains suspended pending an updated development design and safety upgrades, with production expected to resume by November 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silvercorp Metals Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610191801CANADANWCANADAPR_C4054) on October 19, 2026, and is solely responsible for the information contained therein.
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