Roth MKM Reaffirms Buy Rating on Silvercorp Metals (SVM), Sets $8.25 Target

Core Viewpoint - Silvercorp Metals Inc. is highlighted as a strong investment opportunity in the silver mining sector, with a reaffirmed Buy rating and a price target of $8.25 per share by Roth MKM analyst Joseph Reagor [1][2]. Financial Performance - In Q2 2026, Silvercorp reported a revenue increase of 23% year-over-year, reaching $83.3 million, driven by a 28% rise in realized silver prices and a 37% increase in gold prices [2]. - The company's net loss was $11.5 million ($0.05 per share), a significant improvement from a loss of $17.7 million in the same period last year, primarily due to a $53.2 million non-cash charge related to convertible notes [2][3]. - Production figures for the quarter included 1.7 million ounces of silver and 2,085 ounces of gold, with production costs per ounce of silver equivalent rising to $0.002, compared to negative $0.73 the previous year [3]. Production Guidance - Silvercorp is maintaining its fiscal 2026 production guidance, expecting to process between 1.33 and 1.37 million tons of ore [3]. Company Overview - Silvercorp Metals Inc. is a Canadian mining company focused on acquiring, exploring, developing, and operating silver-lead-zinc mines, primarily located in China's Ying Mining District and the GC Mine in Guangdong Province [4].