Wall Street expects a year-over-year decline in earnings on higher revenues when Silvercorp (SVM) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 23. On the o ...

Core Viewpoint - Silvercorp Metals Inc. has entered into a definitive arrangement agreement to acquire Adventus Mining Corporation, enhancing its asset portfolio and geographic diversification while providing immediate value to Adventus shareholders through a significant premium [1][2][3] Transaction Details - Each holder of Adventus shares will receive 0.1015 Silvercorp shares for each Adventus share, implying a consideration of C$0.50 per Adventus share, representing a 31% premium based on the 20-day volume-weighted average prices as of April 25, 2024 [2] - The implied equity value of the transaction is approximately C$200 million on a fully-diluted basis [2] - Upon closing, existing Silvercorp and Adventus shareholders will own approximately 81.6% and 18.4% of Silvercorp shares, respectively [2] Strategic Rationale - The acquisition provides immediate asset, geographic, and metal diversification, with exposure to key metals for a low-carbon future [3] - The addition of the El Domo project is expected to significantly enhance Silvercorp's near-term production profile [3] - Silvercorp has secured key permits and has a US$175.5 million stream with Wheaton Precious Metals to fund the El Domo project [3] Benefits for Adventus Shareholders - Adventus shareholders will receive a 31% premium and gain exposure to Silvercorp's profitable silver mines and strong balance sheet [5] - The transaction de-risks the development of El Domo by leveraging Silvercorp's technical capabilities and financial strength [5] - There is potential for further premium through a re-rating of Silvercorp shares as El Domo advances to production [5] Project Overview - The El Domo project, located in Ecuador, is a high-grade copper-gold project with a proven and probable mineral reserve of 6.5 million tonnes [7][8] - The project has a 10-year mine life with average annual production metrics and attractive operating costs [8] Financing and Placement - Concurrently, Silvercorp will subscribe for 67,441,217 Adventus shares at C$0.38 per share, totaling approximately C$25.6 million [9] - Proceeds from the placement will be used to repay existing debts and fund activities at the El Domo project [10] Approval Process - The transaction requires approval from Adventus shareholders and is expected to be completed in the third quarter of 2024 [13][15] - The board of directors of Adventus has unanimously approved the transaction and recommends shareholder support [15][16]

Trading Symbol:           TSX: SVM                                        NYSE AMERICAN: SVM VANCOUVER, BC, April 23, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reports production and sales figures for the fourth quarter (Q4 Fiscal 2024) and fiscal year ended March 31, 2024 ("Fiscal 2024") and the production and cost guidance for the 2025 fiscal year ending March 31, 2025 ('Fiscal 2025"). The Company expects to release its Fiscal 2024 audited f ...

Trading Symbol: TSX: SVM                             NYSE AMERICAN: SVM VANCOUVER, BC, March 15, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reminds its shareholders, and shareholders of OreCorp Limited ("OreCorp") (ASX:ORR), that its off-market takeover bid for all of the ordinary shares in OreCorp that it does not already own ("Silvercorp Offer") will close at 7:00pm (Sydney time) on March 22, 2024. Silvercorp notes that as of market close on ...

Core Viewpoint - Silvercorp Metals Inc. intends to file a third supplementary bidder statement indicating it will not waive its 50.1% minimum acceptance condition for its off-market takeover bid for OreCorp Limited [1][2][3] Group 1: Offer Details - The Offer consists of 0.0967 common shares of Silvercorp and A$0.19 cash per OreCorp share [1] - The Offer is open for acceptances until 7:00 pm (Sydney time) on 22 March 2024, unless extended or withdrawn [1] Group 2: Shareholder Protection - By not waiving the Condition, OreCorp shareholders who accept the Offer will have assurance that if the Condition is not met, they will retain their OreCorp shares [2] - If the Offer period is extended beyond one month, shareholders who accepted the Offer prior to the extension can withdraw their acceptance and keep their shares [2] Group 3: Strategic Intent - Silvercorp aims to enhance the attractiveness of its Offer by providing OreCorp shareholders with the opportunity to realize the current superior value of the Offer while protecting their interests [3] - The company believes maintaining the Condition will facilitate a timely resolution to the Offer [3] Group 4: Company Overview - Silvercorp is a Canadian mining company focused on producing silver, gold, lead, and zinc, with a strategy centered on generating free cash flow, organic growth, and ongoing merger and acquisition efforts [5]

Core Viewpoint - Silvercorp Metals Inc. is undergoing a transformative acquisition of OreCorp, which will significantly alter its revenue mix and operational focus towards gold production, potentially enhancing its market position in the precious metals sector [2][3][18]. Company Overview - Silvercorp Metals Inc. is a Canadian mining company primarily generating revenue from silver (60%), gold (5%), and base metals like lead and zinc [1]. - The company currently produces around 125,000 gold-equivalent ounces annually [2]. Acquisition Details - Silvercorp is acquiring OreCorp, which holds an 84% stake in the Nyanzaga gold project in Tanzania, expected to produce an average of 240,000 ounces of gold per year over its first decade [2]. - The acquisition will shift Silvercorp's revenue mix to approximately 20% silver and 65% gold [2]. - The Nyanzaga project has an after-tax net present value of $618 million and an internal rate of return of 25% at a conservative gold price of $1,750 per ounce [4]. Financial Considerations - The Nyanzaga project requires significant initial capital expenditure of $475 million and sustaining capital expenditure of $145 million [5]. - Silvercorp has a market capitalization of $430 million and a cash position of approximately $200 million, which may help in financing the acquisition [6][10]. - The acquisition involves a total market value of around $200 million, with 75% in shares and 25% in cash [6]. Competitive Landscape - The acquisition has led to a bidding war with Perseus Mining, with Silvercorp needing a minimum acceptance of 50.1% from OreCorp's shareholders to proceed [8]. - As of February 9, Silvercorp had received only 20% approval, prompting an extension of the deadline to March 22 [8]. Valuation Insights - Silvercorp is considered significantly undervalued, with an enterprise value of approximately $80 million, and it generates sufficient cash from operations to cover this value in less than one year [10][11]. - The company holds a 27% stake in New Pacific Metals, valued at $140 million, which adds to its financial strength [10]. Market Outlook - The price of gold and silver will remain critical factors influencing Silvercorp's performance in the short term, with expectations of easing monetary pressures on precious metals in the next 12 months [14]. - The potential for a bull market in precious metals could lead to a significant upside for Silvercorp, with a possible increase of nearly 300% from current levels [14]. Risks and Challenges - The company's discounted valuation is attributed to unfavorable sentiment towards silver miners and perceived geopolitical risks associated with its operations in China [15][16]. - Despite these challenges, Silvercorp has recently renewed permits and is not considered to have governance issues [16][17].

Trading Symbol:           TSX: SVM                                        NYSE AMERICAN: SVM VANCOUVER, BC, March 1, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) today announced that its off-market takeover bid for all of the ordinary shares in OreCorp Limited ("OreCorp") (ASX:ORR) that it does not already own ("Silvercorp Offer") will now close at 7:00pm (Sydney time) on March 22, 2024, unless further extended or withdrawn in accordance with the ...

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Silvercorp Metals Inc. (NYSE:SVM) Q3 2024 Earnings Conference Call February 9, 2024 12:00 PM ET Company Participants Lon Shaver – President Conference Call Participants Lucas Pamatat – Canaccord Genuity Joseph Reagor – ROTH MKM Felix Shafigullin – Eight Capital Operator Thank you for standing by. Good afternoon. My name is Lesser and I will be your operator for today. At this time, I would like to welcome everyone to Silvercorp's Third Quarter Fiscal 2024 Financial Results Conference Call. All lines have be ...

Trading Symbol:  TSX: SVMNYSE AMERICAN: SVM                                                                                                                  VANCOUVER, BC, Feb. 8, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX/NYSE American: SVM) reports its financial and operating results for the three months ended December 31, 2023 ("Q3 Fiscal 2024"). All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q3 FISCAL 2024  Mined 34 ...