Silvercorp.: Rising Metal Prices, Expansion Opportunities, And Strong Balance Sheet [Seeking Alpha]
US:NYSE Investor Relations: silvercorpmetals.com/investors
Silvercorp.: Rising Metal Prices, Expansion Opportunities, And Strong Balance Sheet Summary Despite stronger year-over-year production, Q1 2020 suffered on account of lower realized prices and higher costs. This situation is set to improve in Q2 2020 and will improve further if metal prices could retain their upward trajectory. The company's operational focus in China has its pros and cons, but it would not hurt to expand its operations in Bolivia. The company's debt-free balance sheet and strong liquidity profile support its growth outlook. SilverCorp Metals ( SVM Yahoo Finance SVM's Q1 2020 report (for the quarter ended June 30, 2019) revealed that year-over-year production increased by 27% (at ~1.9 Moz), 43% (at ~1 Koz), 20% (at ~17.8 Mlb), and 15% (at ~7.3 Mlb) for silver, gold, lead, and zinc, respectively. The average quarterly realized prices for silver, lead, and zinc dropped by 6%, 25%, and 40%, respectively, on a year-over-year basis. Besides, SVM's core operational presence
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SVM
News
- Silvercorp Reports 18% Increase in Measured and Indicated Silver Resources and 4% Increase in Proven and Probable Silver Reserves, on Top of 21 Million Ounces of Silver Produced Between June 2016 and December 2019 at the Ying Silver-Lead-Zinc Mining DistrGlobeNewswire
- The close: S&P 500 notches this year’s longest weekly winning streak, but TSX ends lower [Toronto Globe and Mail (Ontario, Canada)]Toronto Globe and Mail
- CANADA STOCKS-TSX gains on upbeat economic growth data [Reuters]Reuters
- What Silvercorp Metals Inc.'s (TSE:SVM) P/E Is Not Telling You [Yahoo! Finance News]Yahoo! Finance News
- Silvercorp Reports Net Income of $15.5 Million, $0.09 Per Share, and Cash Flow from Operations of $30.1 Million for Q1 Fiscal 2021GlobeNewswire
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SVM
SEC Filings
- 9/2/20 - Form 6-K
- 8/19/20 - Form 6-K
- 8/10/20 - Form 6-K
- SVM's page on the SEC website
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