Silvercorp Metals (SVM.US) Q3 revenue surges 51% to hit a record high
On January 15, Silvercorp Metals (SVM.US) released its third-quarter report for the fiscal year 2026, which ended on December 31, 2025. Data showed that Silvercorp’s Q3 revenue reached approximately $126.1 million, marking an all-time high and representing a significant 51% increase from the same period last year.
Silvercorp primarily engages in the acquisition, exploration, development, and production of non-ferrous metal and precious metal mines such as silver, gold, lead, and zinc. Recently, prices of precious metals like gold and silver have continued to hit record highs, with silver standing out particularly. It has risen by about 27% this year, building on last year's nearly 150% surge, with prices now breaking through $90 per ounce. This has also driven Silvercorp's stock price up more than 22% since the beginning of the year, continuing last year's robust upward trend of nearly 180%.
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