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Silvercorp Metals (SVM) investor relations material
Silvercorp Metals Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Ying safety-system upgrades materially reduced Q2 output; works were substantially completed, inspected and approved for operations to resume.
Adjusted earnings were $18.4M, or $0.08/share; operating cash flow was $62.7M, including a $43.9M Wheaton drawdown.
Financial highlights
Revenue was $72.1M, down 13% YoY; lower production was partly offset by higher realized silver and gold prices.
Net income attributable to equity shareholders was $5.3M, or $0.02/share; adjusted earnings were $18.4M, or $0.08/share, down 19% YoY.
Adjusted EBITDA attributable to equity shareholders was $37.7M, down 2% YoY; operating cash flow rose 60% to $62.7M.
Free cash flow was $4.7M versus $11.4M YoY, reflecting planned mine-building investment.
Outlook and guidance
El Domo production is targeted to start in November 2027; construction budget rose to $298.2M from $283.6M, with further cost or schedule changes possible.
GC restart is targeted for November 2027, subject to updated design approval, construction and a new safety permit; timing and production levels remain uncertain.
Condor permitting is expected to be completed in June 2027; underground access development is planned after the environmental license is secured.
- China silver cash flow underpins a growing copper-gold and gold project pipeline.SVM
Investor presentation - FY2024 adjusted earnings reached $39.3M and operating cash flow totaled $91.6M.SVM
Q4 2024 - Major new mines in Ecuador and Kyrgyzstan drive growth and diversification through 2027.SVM
Mining Forum Americas 2026 - Revenue up 70% and adjusted net income more than doubled, driven by higher silver prices.SVM
Q1 2027 - Diversified precious metals producer with strong growth, high margins, and robust ESG ratings.SVM
Investor presentation - Record revenue, strong cash flow, and major project investments fueled by surging silver prices.SVM
Q4 2026 - Record Q3 revenue, cash flow, and capital investment drive growth despite a net loss.SVM
Q3 2026 - Revenue up 26% to $68M, net income $18M, strong cash, and growth projects advancing.SVM
Q2 2025 - Revenue and adjusted net income surged on higher metal prices and production growth.SVM
Q3 2025
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