Silvercorp Metals(SVM)
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Silvercorp Comparatively Undervalued Within Precious Metals Mining Sector
Seeking Alpha· 2024-09-27 08:19
Core Insights - The article discusses the investment positions held by the analyst in various companies, specifically SVM, GOLD, and WPM, indicating a long position in these stocks [1] Group 1 - The analyst has a beneficial long position in the shares of SVM, GOLD, and WPM through stock ownership, options, or other derivatives [1] - The article expresses the analyst's personal opinions and does not involve compensation from the companies mentioned [1] - There is no business relationship between the analyst and the companies whose stocks are discussed in the article [1]
Silvercorp Renews Share Repurchase Program
Prnewswire· 2024-09-17 11:30
Trading Symbol TSX: SVM NYSE AMERICAN: SVMVANCOUVER, BC, Sept. 17, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to announce a normal course issuer bid ("NCIB") commencing September 19, 2024, to acquire up to 8,670,700 of its own common shares, representing approximately 4% of the 216,767,513 common shares issued and outstanding as of September 5, 2024. The repurchase program will expire September 18, ...
Silvercorp Publishes Fiscal 2024 Sustainability Report
Prnewswire· 2024-09-16 21:05
Trading Symbol: TSX: SVM NYSE AMERICAN: SVMVANCOUVER, BC, Sept. 16, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to announce the publishing of its annual Sustainability Report for Fiscal 2024, detailing the Company's environmental, social, and governance ("ESG") commitments, performance, and targets."At Silvercorp, we recognize the mining industry's role in supporting the global transition to a low-carbon f ...
Silvercorp Announces Filing of Updated Technical Report for the GC Mine
Prnewswire· 2024-09-16 12:00
Core Viewpoint - Silvercorp Metals Inc. has filed an updated technical report for the Gaocheng Mine, effective June 30, 2024, prepared by SRK Consulting China Ltd, with no material differences from previous information released [1]. Company Overview - Silvercorp is a Canadian mining company focused on producing silver, gold, lead, and zinc, with a strategy aimed at generating shareholder value through free cash flow from long-life mines, organic growth via drilling, mergers and acquisitions, and a commitment to responsible mining and ESG [2].
Silvercorp Announces Filing of Updated Technical Reports for the Ying Mining District
Prnewswire· 2024-09-13 12:00
Trading Symbols: SVM (TSX/NYSE American) VANCOUVER, BC, Sept. 13, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) announces that, further to its news release dated August 19, 2024 (the "Release"), it has filed an updated technical report for its Ying Mining District titled "NI 43-101 Technical Report Update on the Ying Ag-Pb-Zn Property in Henan Province, People's Republic of China" (the "Technical Report"). The Technical Report is effective July 1 ...
Silvercorp Issues Updated Technical Report for the GC Mine
Prnewswire· 2024-08-27 21:05
Core Viewpoint - Silvercorp Metals Inc. has released an updated Technical Report on the Gaocheng Mine, indicating significant increases in mineral resources and reserves as of June 30, 2024, compared to previous estimates [1][2]. Mineral Resources - Estimated Measured and Indicated Mineral Resources are 11.5 million tonnes with grades of 84 g/t silver, 1.18% lead, and 2.85% zinc, containing 31 million ounces of silver, 136 thousand tonnes of lead, and 327 thousand tonnes of zinc [2][4]. - Compared to the 2021 Technical Report, Measured and Indicated Resource tonnes increased by 15%, with contained silver, lead, and zinc increasing by 18%, 13%, and 16% respectively [2][5]. - Inferred Resource tonnes increased by 13%, with contained silver, lead, and zinc increasing by 11%, 33%, and 16% respectively [2][5]. Mineral Reserves - Estimated Proven and Probable Mineral Reserves are 5.0 million tonnes with grades of 81 g/t silver, 1.21% lead, and 2.84% zinc, containing 13 million ounces of silver, 60 thousand tonnes of lead, and 141 thousand tonnes of zinc [2][8]. - There has been a 20% increase in total Proven and Probable Mineral Reserves compared to the 2021 Technical Report, with changes in contained metal for silver, lead, and zinc being +4%, -2%, and +6% respectively [2][9]. - The total GC Mine Mineral Reserve tonnes are approximately 44% of Mineral Resource tonnes, with metal conversion percentages for silver, lead, and zinc at 42%, 44%, and 43% respectively [9]. Production Profile - The annual production rate is planned to increase from approximately 326,000 tonnes per annum in FY2025 to between 362,000 and 363,000 tonnes per annum from FY2026 to FY2037, with a projected annual silver production of approximately 0.8 million ounces [2][11]. - The projected post-tax NPV based on the June 30, 2024 Mineral Reserves is $63.1 million, with $62.5 million attributable to Silvercorp [2]. Qualified Persons - The Technical Report was prepared by independent Qualified Persons from SRK Consulting, who have reviewed and approved the estimates [12][13]. Company Overview - Silvercorp is a Canadian mining company focused on producing silver, gold, lead, and zinc, with a strategy aimed at generating free cash flow from long-life mines and pursuing organic growth through exploration [14].
Silvercorp Issues Updated Technical Report for the Ying Mining District
Prnewswire· 2024-08-19 21:49
Trading Symbol: TSX/NYSE American: SVMVANCOUVER, BC, Aug. 19, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to report the results of an updated Technical Report, prepared in accordance with National Instrument 43‑101 Standards of Disclosure for Mineral Projects ("NI 43-101") on its Ying Mining District ("The Ying 2024 Technical Report" or "Technical Report"), prepared by AMC Mining Consultants (Canada) Ltd. ("AMC") with a Mineral Reserv ...
Silvercorp Metals: Processing Stockpile Could Be To Their Advantage
Seeking Alpha· 2024-08-19 06:14
caojianxiong/iStock via Getty Images Introduction Silvercorp Metals (NYSE:SVM)(TSX:SVM:CA) is China’s major producer of silver. Gold, lead, and zinc are also derived from their mining operations. Given that I am firmly of the opinion that we are in the early stages of a Bull Market in precious metals, then this producer is of interest to me, and I am long this stock as I expect it to perform very well going forward. Fundamentals Silvercorp Metals Inc. is headquartered in Vancouver, Canada. However, its ...
Silvercorp Metals(SVM) - 2024 Q1 - Quarterly Report
2024-08-14 21:24
Exhibit 99.2 SILVERCORP METALS INC. MANAGEMENT'S DISCUSSION AND ANALYSIS For the Three Months Ended June 30, 2024 (Expressed in thousands of US dollars, except per share figures or otherwise stated) Ta b l e o f C o n t e n t s | 1 | C | o | r | e | B | u | s | i | n | e | s | s | a | n | d | S | t | r | a | t | e | g | y | 2 | 2 | F | i | r | s | t | Q | u | a | r | t | e | r | o | f | F | i | s | c | a | l | Ye | a | r | 2 | 0 | 2 | 5 | H | i | g | h | l | i | g | h | t | s | 2 | | | | | | | | | | | | | | ...
Silvercorp (SVM) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2024-08-13 23:15
Silvercorp (SVM) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this mineral miner would post earnings of $0.02 per share when it actually produced earnings of $0.02, delivering no surprise.Over the last four quarters, the company has surpa ...