Silvercorp Metals(SVM)
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Silvercorp to acquire 70% stake in Kyrgyzstan gold projects
Yahoo Finance· 2026-01-21 09:08
Core Viewpoint - Silvercorp Metals is acquiring a 70% interest in the Tulkubash and Kyzyltash gold projects in Kyrgyzstan for $162 million, aiming to enhance its mining portfolio and production capabilities [1][2]. Group 1: Acquisition Details - Silvercorp has signed a share purchase agreement with Chaarat Gold and a cooperation agreement with the National Investment Agency of Kyrgyzstan [1]. - The acquisition includes control over Chaarat ZAAV CJSC, which holds mining and exploration licenses in the Tian Shan region, and will be converted into a joint venture with Kyrgyzaltyn [2]. Group 2: Financial Commitments and Development Plans - Silvercorp will make staged payments totaling $70 million to the National Investment Agency, contingent on government approvals and extending the mining license to 2062 [3]. - The development plan consists of two phases: the first phase involves constructing a four million tonnes per annum open-pit mine at Tulkubash, expected to start production between 2027 and 2028, with an investment of $150 million [3][4]. Group 3: Production Expectations - The first phase aims for an annual output of approximately 110,000 ounces of gold over three to four years [4]. - The second phase targets the Kyzyltash sulphide deposit development from 2028 to 2031, involving around $400 million, with production expected to yield 190,000 to 230,000 ounces of gold annually for more than 18 years [4][5]. Group 4: Resource Estimates - The Tulkubash project has a measured and indicated resource of 856,000 ounces of gold at a grade of 1.36 grams per tonne, with an inferred resource of 100,000 ounces at 1.37 grams per tonne [6]. - The Kyzyltash project holds a measured and indicated resource of 6.02 million ounces of gold at a grade of 2.57 grams per tonne, along with 18.7 million ounces of silver at 8 grams per tonne [6][7].
What's Going On With Silvercorp Metals Stock Tuesday? - Silvercorp Metals (AMEX:SVM)
Benzinga· 2026-01-20 18:15
Silvercorp Metals Inc. (AMEX:SVM) stock rose on Tuesday after the company announced a major gold asset acquisition in Central Asia.Silvercorp has signed agreements to buy a 70% stake in the Tulkubash/Kyzyltash gold projects in the Kyrgyz Republic for about $162 million.The company signed a share purchase agreement with Chaarat Gold Holdings and a cooperation agreement with the National Investment Agency under the President of the Kyrgyz Republic.The deal includes the fully permitted mining license and nearb ...
金银股表现活跃 金田(GFI.US)涨近6%
Zhi Tong Cai Jing· 2026-01-20 15:49
Group 1 - Gold stocks showed strong performance with Gold Fields (GFI.US) rising nearly 6%, AngloGold Ashanti (AU.US) up over 5%, Kinross Gold (KGC.US) and Agnico Eagle Mines (AEM.US) increasing over 4%, and Newmont Corporation (NEM.US) gaining over 2% [1] - Silver stocks also experienced gains, with Silvercorp Metals (SVM.US) up over 5%, Pan American Silver (PAAS.US) rising over 4%, and First Majestic Silver (AG.US) increasing over 2% [1] - Spot gold increased by 1.2%, currently priced at $4,723.65, while spot silver rose over 1%, currently priced at $93.42 [1] Group 2 - Ray Dalio, founder of Bridgewater Associates, warned that President Trump's policies could trigger a "capital war," leading countries and investors to reduce investments in U.S. assets [1] - The escalation of trade tensions and increasing fiscal deficits may undermine confidence in U.S. debt, potentially prompting investors to turn to hard assets like gold [1] - Dalio suggested that gold should be considered an important hedging tool in the current economic climate [1]
美股异动 | 金银股表现活跃 金田(GFI.US)涨近6%
智通财经网· 2026-01-20 15:45
Group 1 - Gold stocks showed strong performance with Gold Fields (GFI.US) rising nearly 6%, AngloGold Ashanti (AU.US) up over 5%, Kinross Gold (KGC.US) and Eagle Mining (AEM.US) increasing over 4%, and Newmont Mining (NEM.US) gaining over 2% [1] - Silver stocks also experienced gains, with Silvercorp Metals (SVM.US) up over 5%, Pan American Silver (PAAS.US) rising over 4%, and First Majestic Silver (AG.US) increasing over 2% [1] - Spot gold rose by 1.2%, currently priced at $4,723.65, while spot silver saw an increase of over 1%, currently priced at $93.42 [1] Group 2 - Ray Dalio, founder of Bridgewater Associates, warned that President Trump's policies could lead to a "capital war," as countries and investors may reduce their investments in U.S. assets [1] - The escalation of trade tensions and increasing fiscal deficits may undermine confidence in U.S. debt, potentially prompting investors to turn to hard assets like gold [1] - Dalio suggested that gold should be considered an important hedging tool in the current economic climate [1]
Silvercorp Metals, Hecla Mining, Other Silver Stocks Surge In Tuesday Pre-Market: What's Going On? - First Majestic Silver (NYSE:AG), Endeavour Silver (NYSE:EXK)
Benzinga· 2026-01-20 11:33
Group 1: Market Performance - Shares of Silvercorp Metals Inc. increased by 6.90% during pre-market trading as silver prices surpassed $95 [1] - Other silver miners also saw gains, with Hecla Mining Company up 6.56%, First Majestic Silver Corp. rising 5.5%, and Endeavour Silver Corp. increasing by 4.5% [1] Group 2: Price Drivers - The surge in silver and gold prices is attributed to growing political uncertainty, particularly related to President Trump's Greenland initiative and potential EU retaliatory measures [2] - Gold spot prices rose by 1% to $4,725.43 an ounce, reaching a record high of $4,675 an ounce on Monday [2] - The conflict involving the White House, the Justice Department, and Federal Reserve Chair Jerome Powell has also contributed to the upward pressure on silver prices [3] Group 3: Demand and Supply Dynamics - Silver prices have increased over 200% from approximately $30 in early 2025, driven by geopolitical uncertainties and its critical role in AI and solar technology [4] - Demand from data centers and renewable energy, along with a sixth consecutive year of supply deficits and new Chinese export restrictions, is tightening the physical silver market [5]
加拿大股市创收盘历史新高
Mei Ri Jing Ji Xin Wen· 2026-01-19 21:56
Core Viewpoint - The S&P/TSX Composite Index in Canada closed up 0.15% at 33,090.96 points, marking a new all-time high for the index [1] Group 1: Index Performance - The S&P/TSX Composite Index continues to set record closing highs [1] Group 2: Notable Stock Performances - IAMGOLD saw a significant increase of 9.73% [1] - G Mining Ventures rose by 5.47% [1] - Hilltop Metals increased by 5.21% [1] - Dundee Precious Metals gained 4.80% [1] - K92 Mining experienced a rise of 4.71% [1] - Wesdome Gold Mines increased by 4.53% [1] - Lundin Gold rose by 4.30% [1] - Nova Gold Resources saw an increase of 4.09% [1] - SeaBridge Gold gained 4.03% [1] - Discovery Silver rose by 4.01% [1]
Silvercorp (SVM) Soars to All-Time High as Revenues Jump 51%
Yahoo Finance· 2026-01-17 07:01
Group 1 - Silvercorp Metals Inc. experienced a significant stock surge, closing up 10.88% at $11.31, driven by strong preliminary earnings results for Q3 FY2026 [1] - The company reported a 51% increase in revenues for Q3, reaching $126.1 million compared to $83.6 million in the same period last year, attributed to higher silver prices [2] - Silver production decreased to 1.9 million ounces, down from 1.946 million ounces year-on-year, while silver equivalent production fell by 5% to 2 million ounces [3] Group 2 - Lead production also saw a decline of 4%, totaling 16.4 million pounds compared to 17.09 million pounds in the previous year, whereas zinc production increased by 5% to 7 million pounds [3] - Official results for Silvercorp are expected to be released after market close on February 9 [4]
希尔威金属矿业(SVM.US)Q3营收大增51% 创历史新高
智通财经网· 2026-01-16 02:52
Core Viewpoint - Silvercorp Metals Inc. (SVM.US) reported a record revenue of approximately $126.1 million for the third quarter of fiscal year 2026, marking a 51% increase compared to the same period last year [1] Company Summary - Silvercorp focuses on the acquisition, exploration, development, and production of non-ferrous and precious metal mines, including silver, gold, lead, and zinc [1] - The company's stock price has increased over 22% this year, continuing a strong upward trend from last year, which saw an increase of nearly 180% [1] Industry Summary - Precious metal prices, particularly gold and silver, have been reaching historical highs, with silver prices increasing approximately 27% this year, following a nearly 150% rise last year [1] - Silver prices have surpassed $90 per ounce, contributing to the overall positive performance of companies in the precious metals sector [1]
Silvercorp Reports Operational Results and Financial Results Release Date for the Third Quarter, Fiscal 2026
Prnewswire· 2026-01-15 22:05
Core Viewpoint - Silvercorp Metals Inc. reported its production and sales figures for Q3 Fiscal 2026, highlighting a record revenue increase of 51% compared to the same quarter last year, despite some decreases in metal production [6]. Production and Operational Highlights - The Ying Mining District processed 328,425 tonnes of ore, an 18% increase from Q3 Fiscal 2025, producing approximately 1.7 million ounces of silver, 2,096 ounces of gold, and 14.7 million pounds of lead, with a decrease in silver production by 4% [3][6]. - The GC Mine processed 87,095 tonnes of ore, a 4% increase from Q3 Fiscal 2025, producing 0.1 million ounces of silver and 5.1 million pounds of zinc, with a 15% increase in zinc production but a 28% decrease in silver [4][6]. - Consolidated operational results showed a total of 415,520 tonnes processed, with a head grade for silver-lead ore at 226 grams/tonne and for gold ore at 2.1 grams/tonne [5][8]. Financial Performance - The company achieved record revenue of approximately $126.1 million for Q3 Fiscal 2026, marking a 51% increase over Q3 Fiscal 2025 [6]. - Silver production totaled 1.9 million ounces, a 4% decrease from the previous year, while silver equivalent production was 2.0 million ounces, down 5% [6][7]. Exploration and Development - Active exploration continued at both the Ying Mining District and the GC Mine, with a total of 89,208 meters of drilling and 22,271 meters of exploration tunneling completed [6]. - Construction at the Kuanping mine progressed with 3,297 meters of ramp development and 693 meters of exploration tunneling completed [6]. Recovery Rates - Recovery rates for Q3 Fiscal 2026 included gold at 92.8%, silver at 95.3%, lead at 93.6%, and zinc at 63% [7].
Silvercorp (SVM) is a Great Momentum Stock: Should You Buy?
ZACKS· 2026-01-12 18:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1]. Company Overview: Silvercorp (SVM) - Silvercorp currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3]. - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4]. Performance Metrics - Over the past week, SVM shares have increased by 10.31%, outperforming the Zacks Mining - Miscellaneous industry, which rose by 6.54% [6]. - In a longer timeframe, SVM's shares have appreciated by 32.56% over the past quarter and 204.64% over the last year, significantly surpassing the S&P 500's gains of 3.7% and 19.07%, respectively [7]. Trading Volume - The average 20-day trading volume for SVM is 5,203,778 shares, indicating a bullish sentiment as rising stocks with above-average volume are generally seen as positive [8]. Earnings Outlook - In the last two months, one earnings estimate for SVM has increased, while none have decreased, raising the consensus estimate from $0.32 to $0.37 [10]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions, indicating a positive earnings outlook [10]. Conclusion - Considering the positive momentum indicators and earnings outlook, SVM is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12].