Cloudflare(US:NET) Prnewswireยท2025-02-11 22:05Core Viewpoint - Silvercorp Metals Inc. reported significant financial growth in Q3 Fiscal 2025, with notable increases in revenue, net income, and production metrics compared to the same period in the previous year [1][2][4]. Financial Results - Revenue for Q3 Fiscal 2025 was $83.6 million, a 43% increase from $58.5 million in Q3 Fiscal 2024 [4][8]. - Net income attributable to equity holders was $26.1 million, or $0.12 per share, compared to $10.5 million, or $0.06 per share in Q3 Fiscal 2024, marking a 149% increase [4][6]. - Adjusted earnings attributable to equity holders were $22.0 million, or $0.10 per share, up from $11.5 million, or $0.06 per share in Q3 Fiscal 2024 [6][7]. - Cash flow from operating activities increased to $44.8 million, up 90% from $23.6 million in Q3 Fiscal 2024 [10]. Production Data - The company mined 383,543 tonnes of ore, an 11% increase from 345,273 tonnes in Q3 Fiscal 2024 [11][12]. - Gold production was approximately 2,056 ounces, a 53% increase, while silver production was 1.9 million ounces, a 16% increase compared to the previous year [12][23]. - The total capital expenditures in Q3 Fiscal 2025 were $25.3 million, a 29% increase from $19.6 million in Q3 Fiscal 2024 [15]. Cost Data - Production costs per tonne of ore processed were $77.95, up 5% from $74.26 in Q3 Fiscal 2024 [13]. - All-in sustaining costs per ounce of silver were $12.75, a 13% increase compared to $11.33 in Q3 Fiscal 2024 [14]. - Cash cost per ounce of silver, net of by-product credits, was negative $1.88, compared to negative $0.96 in Q3 Fiscal 2024 [14]. Operational Highlights - The company has made substantial progress on the El Domo Project, with total expenditures of $1.8 million in the current quarter [16]. - The Kuanping Project has received all required permits and licenses and is ready for construction [19]. - The company holds a cash position of $354.6 million as of December 31, 2024, reflecting a 69% increase from the previous quarter [10].