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Silvercorp Metals Inc. (NYSEAMERICAN:SVM) Overview and Analyst Ratings
Financial Modeling Prep· 2026-02-11 01:00
Roth Capital sets a price target of $11 for NYSEAMERICAN:SVM, indicating a potential increase of about 1.99%.The stock receives a "Moderate Buy" consensus rating, with an average one-year target price of $9.50.Current trading price of SVM is $10.99, showing active trading and investor interest.Silvercorp Metals Inc. (NYSEAMERICAN:SVM) is a mining company that focuses on the production of silver, lead, and zinc. It operates primarily in China and is known for its cost-effective mining operations. The company ...
Gold holds $5,000 floor as consumer delinquencies reach highest level since 2017
KITCO· 2026-02-10 20:52
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco’s Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance. Jeremy began his career in 2006 as a Journalist at CTV (Canada’s largest network), initially engaging audiences as an entertainment reporter before pivoting to business reporting focusing on mining and small-caps. His macro-financial and market trends analysis made him a sought-after commentator on CTV Mornin ...
洛阳栾川钼业集团股份有限公司关于对下属子公司及合营公司提供担保的公告
Shang Hai Zheng Quan Bao· 2026-02-10 19:00
证券代码:603993 证券简称:洛阳钼业公告编号:2026-011 洛阳栾川钼业集团股份有限公司关于对下属子公司及合营公司提供担保的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示: ● 担保对象及基本情况 (一)担保的基本情况 为公司及其子公司开展正常生产经营所需,洛阳栾川钼业集团股份有限公司(以下简称"公司")直接或 通过全资子公司(含直接及间接全资子公司,下同)为下属全资子公司合计提供总额预计不超过91亿元 的担保,为合营公司洛阳富川矿业有限公司(以下简称"富川矿业")提供预计不超过2亿元的担保,富 川矿业以其持有的上房沟钼矿采矿权(证号:C1000002011073120115610)为公司前述担保提供反担保。 (二)内部决策程序 2025年5月30日,公司2024年年度股东大会审议通过《关于本公司2025年度对外担保额度预计的议 案》,同意授权董事会或董事会授权人士(及该等授权人士的转授权人士)批准公司直接或通过全资子 公司(含直接及间接全资子公司,下同)或控股子公司(含直接及间接控股子公司,下同 ...
Metalsource Mining Announces Increase to Private Placement
TMX Newsfile· 2026-02-10 18:46
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2026) - Metalsource Mining Inc. (CSE: MSM) (OTCQB: SFRIF) (FSE: E9Z) (the "Company") is pleased to announce that, further to its press release earlier today, it has increased its non-brokered private placement financing by $3,000,000, increasing the number of units from up to 10,050,000 units to up to 14,050,000 units in the capital of the Company (each, a "Unit") at a price of $0.75 per Unit, for gross proceeds of up to $10,537,500 (the "Offerin ...
Silvercorp Metals(SVM) - 2026 Q3 - Earnings Call Transcript
2026-02-10 18:02
Financial Data and Key Metrics Changes - The company reported record-breaking revenue of $126 million, a 51% increase from the previous year [2] - Cash flow from operating activities reached $133 million, up 196%, while free cash flow was $90 million, up 336% from last year [2][4] - Adjusted net income for the quarter was $47.9 million or $0.22 per share, compared to $22 million or $0.10 per share in the same quarter last year, reflecting a 118% increase [3][4] - The net income reported was -$15.8 million or -$0.07 per share, primarily due to a $60 million non-cash charge on derivative liabilities [3] Business Line Data and Key Metrics Changes - Silver accounted for 72% of total revenue, with an 80% increase in the realized selling price of silver, adding just under $49 per ounce after smelter deductions [3] - Production at Ying increased, with tons mined and milled up 23% and 18% respectively compared to Q3 2025 [6] - Q3 production costs averaged $76 per ton at Ying, down 11% from last year, and cash cost per ounce of silver was negative $1.22 [7] Market Data and Key Metrics Changes - The company produced approximately 1.9 million ounces of silver, over 2,000 ounces of gold, 16 million pounds of lead, and 7 million pounds of zinc in Q3 [5] - Year-to-date production figures showed increases in silver, gold, and lead production by 1%, 42%, and 1% respectively, while zinc production decreased by 6% [6] Company Strategy and Development Direction - The company is focused on expanding mining capacity across its licenses at Ying, with recent permit renewals increasing capacity significantly [8] - Investment in growth projects at Ying totaled $9 million in Q3, aimed at enhancing underground access and material handling [7] - The company is also advancing its gold projects in Kyrgyzstan, aiming to build a globally diversified producer with strong fundamentals [13][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in Q2 but expressed optimism about smoothing over Q4 performance due to additional tons to mill during the Chinese New Year [16] - The company is actively engaged in obtaining necessary permits for its projects, with the environmental impact study for the Condor project approved [11] Other Important Information - The company ended the quarter with a strong cash balance of $463 million, an increase of over $80 million from the previous quarter [5] - A transaction to acquire a gold project in Kyrgyzstan for $162 million was announced, with $92 million paid at closing [5] Q&A Session Summary Question: Guidance on throughput at Ying - Management indicated that while guidance remains unchanged, throughput is likely tracking towards the higher end, but lower grades may pose challenges [16] Question: Derivative liability details - The $60 million derivative liability was solely related to convertible notes [17]
Silvercorp Metals(SVM) - 2026 Q3 - Earnings Call Transcript
2026-02-10 18:02
Financial Data and Key Metrics Changes - The company reported record-breaking revenue of $126 million, a 51% increase from the previous year [2] - Cash flow from operating activities reached $133 million, up 196%, while free cash flow was $90 million, up 336% from last year [2][3] - Adjusted net income for the quarter was $47.9 million or $0.22 per share, compared to $22 million or $0.10 per share in the same quarter last year, reflecting a 118% increase [3][4] - The company reported a net income of -$15.8 million for the quarter, primarily due to a $60 million non-cash charge on derivative liabilities [3] Business Line Data and Key Metrics Changes - Silver accounted for 72% of total revenue, with an 80% increase in the realized selling price of silver [3] - Production at Ying increased, with tons mined and milled up 23% and 18% respectively compared to Q3 2025 [6] - Q3 production costs averaged $76 per ton at Ying, down 11% from last year, and cash cost per ounce of silver was negative $1.22 [7] Market Data and Key Metrics Changes - The company produced approximately 1.9 million ounces of silver, just over 2,000 ounces of gold, 16 million pounds of lead, and 7 million pounds of zinc in Q3 [5] - Year-to-date production figures showed increases in silver, gold, and lead production by 1%, 42%, and 1% respectively, while zinc production decreased by 6% [6] Company Strategy and Development Direction - The company is focused on expanding mining capacity across its licenses at Ying, with recent permit renewals and expansions [8] - Investment in growth projects at Ying totaled $9 million in Q3, aimed at enhancing underground access and material handling [7] - The company is also advancing its projects in Kyrgyzstan, acquiring a 70% interest in gold projects to diversify its production portfolio [13][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in Q2 but expressed optimism about smoothing out Q4 performance due to additional tons to mill during the Chinese New Year [16] - The company is actively engaged in obtaining necessary permits for its projects, with the environmental impact study for the Condor project approved [11] Other Important Information - The company ended the quarter with a strong cash balance of $463 million, an increase of over $80 million from the previous quarter [5] - A transaction to acquire a gold project in Kyrgyzstan for $162 million was announced, with $92 million paid at closing [5] Q&A Session Summary Question: Guidance and throughput at Ying - Analyst inquired about guidance and throughput expectations, noting that while guidance remains unchanged, throughput may exceed expectations despite lower grades [16] Question: Derivative liability details - Analyst asked if the $60 million derivative liability was solely related to convertible notes, to which management confirmed it was [17]
Longer Mining Site Life Leads to Fortuna (FSM) Analyst Upgrade
Yahoo Finance· 2026-02-10 17:20
Fortuna Mining Corp. (NYSE:FSM) is one of the best high-upside materials stocks to buy. On February 4, CIBC upgraded Fortuna Mining Corp. (NYSE:FSM) to Neutral from Underperformer and raised its price target to C$16 from C$9. According to the analyst, the company is expected to continue benefiting from the demand drivers it saw from 2025, as it expects gold to reach $6,000/oz in 2026, $6,500/oz in 2027, and $6,000/oz in 2028. Meanwhile, on January 26, Scotiabank analyst Eric Winmill updated his price target ...
Brazil Mining Regulator Confirms Sigma Lithium (SGML) Sites Safety
Yahoo Finance· 2026-02-10 17:20
Sigma Lithium Corporation (NASDAQ:SGML) is one of the best high-upside materials stocks to buy. On February 4, Brazil’s mining regulator issued an official technical statement confirming the safety of the waste piles at the sites where Sigma Lithium Corporation (NASDAQ:SGML) operates. After conducting drone overflights and visual assessments on January 20, the regulator said that it “did not identify geotechnical anomalies indicative of an imminent risk of global instability in the inspected structures.” B ...
Vale is Set to Report Q4 Earnings: Buy, Sell or Hold the Stock?
ZACKS· 2026-02-10 17:15
Key Takeaways VALE is expected to post Q4 sales of $10.75B, up 6% year over year, with EPS seen up 185%.VALE's iron ore output rose 6% and total sales were up 4.5%, with realized fines prices up 2.6% in Q4.VALE saw higher copper volumes and prices, while lower pellet and nickel prices and higher costs weighed.Vale S.A. (VALE) is expected to post year-over-year growth in revenues and earnings when it reports fourth-quarter 2025 results on Feb. 12, after market close.The Zacks Consensus Estimate for Vale’s sa ...
Treasury calls gold a 'bubble' while banks target $6,000: Feneck warns of 'commodity war'
KITCO· 2026-02-10 16:45
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco’s Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance. Jeremy began his career in 2006 as a Journalist at CTV (Canada’s largest network), initially engaging audiences as an entertainment reporter before pivoting to business reporting focusing on mining and small-caps. His macro-financial and market trends analysis made him a sought-after commentator on CTV Mornin ...