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Silvercorp Metals Inc. Q2 2026 Financial Performance and Operations FAQ
TL;DR
Silvercorp Metals achieved its second-highest revenue in 18 years, offering investors strong returns through increased production and rising precious metal prices.
Silvercorp increased ore mining from 265,000 to 346,000 metric tons at Ying while advancing El Domo construction with 249% more material cut for site preparation.
Silvercorp's growth supports economic development through job creation in mining communities while supplying essential metals for modern technology and sustainable infrastructure.
Silvercorp's gold sales surged 64% year-over-year while silver remained the primary revenue driver at 67% of quarterly earnings during their strong financial quarter.
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Silvercorp Metals delivered its second-highest year-over-year revenue in its 18-year history, with a 23% year-over-year revenue increase to $83.3 million for the quarter ended September 30.
The strong production from the Ying Mining District in China was the primary driver of the company's revenue performance, with silver continuing to be the main revenue driver at 67% of quarterly revenue.
Q2 2026 gold sales rose 64% year-over-year, showing strong growth, though silver remained the dominant revenue source for the company.
Silvercorp expects a sharp increase in the amount of ore mined at Ying during the current quarter, from 265,000 metric tons to approximately 346,000 metric tons.
Construction at the El Domo project progressed significantly, with material cut for site preparation, roads and channel construction increasing by 249% during the reporting period.
The company sold approximately 1.66 million ounces of silver, 2,033 ounces of gold, 14.75 million pounds of lead, and 5.67 million pounds of zinc during the quarter.
The revenue boost was driven by increases in market prices of gold and silver, combined with increased production of precious metals in China during the financial quarter.
For more information, visit the company's website at https://silvercorpmetals.com/welcome or read the full article at MiningNewsWire.
Curated from InvestorBrandNetwork (IBN)
