finance
Silvercorp Metals Reports Record Revenue and Cash Flow for Q3 FY2026
Silvercorp Metals reported revenue of $126 million and operating cash flow of $133 million for the third quarter of fiscal 2026. The company recorded a net loss due to a non-cash charge but posted adjusted net income of $47.9 million.
May 29, 11:56 AM·1m read1 source
benzinga.comAudio version
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Silvercorp Metals discussed its third-quarter fiscal 2026 financial results on an earnings call Friday. 51 percent from the prior year. Free cash flow totaled $90 million, an increase of 336 percent.
07 per share, after a $60 million non-cash charge on derivative liabilities. 10 per share, in the same quarter last year. Silver accounted for 72 percent of revenue after an 80 percent rise in the realized selling price, which averaged just under $49 per ounce.
Silvercorp invested $26 million in its China operations and $18 million in the El Domo project in Ecuador during the quarter. The company ended the period with a cash balance of $463 million. Management noted challenges meeting higher grade expectations at the Ying District but stated that overall throughput remained strong.
The company also referenced ongoing development projects in Ecuador and Kyrgyzstan.
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