Silvercorp Metals Q2 Revenue Falls 13% on Lower Production
Bitget2026/10/19 22:02- Silvercorp Metals reported revenue of $72.1 million for fiscal 2027’s second quarter ended September 30, 2026, down 13% on lower production.
- An 82% rise in the average realized silver price to $61.83 per ounce partly offset the production decline.
- Ying Mining District silver output fell 41% to 900,000 ounces; gold production declined 34% to 1,371 ounces.
- Ying resumed production following safety improvements, reaching a 90% operating rate at quarter-end.
- GC Mine remains suspended pending an updated development design and safety upgrades, with production expected to resume by November 2027.
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