Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Silvercorp Metals Inc. (T:SVM)

Business Focus: Silver Mining

This company is also listed in the United States as SVM on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Basic Materials Industry:  Precious Metals & Minerals
 
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 1750-1066 W. Hastings Street
VANCOUVER BC V6E 3X1
Tel: N/A
Website: www.silvercorpmetals.com
IR: See website
Key People
Rui Feng
Chairman of the Board, Chief Executive Officer, Director
Derek Liu
Chief Financial Officer
Lon E. Shaver
Vice President
Yong-Jae Kim
General Counsel, Corporate Secretary
Song Hong
Manager - China Operations
 
Business Overview
Silvercorp Metals Inc. (Silvercorp) is a mining company producing silver, lead and zinc metals in concentrates from mines in China. The Company along with its subsidiaries is engaged in acquisition, exploration, development, and mining of mineral properties. Silvercorp operates several silver-lead-zinc mines, including Ying Mining District in Henan Province, China, Gaocheng (GC) silver-lead-zinc mine in Guangdong Province, China and BYP Gold-Lead-Zinc mine in Hunan Province. The Ying Mining District consists of several mines, including the SGX, HPG, TLP, LME, LMW, and HZG mines. The SGX area includes a smaller satellite deposit. Its HPG mine is a silver-gold-lead property located in the central part of the Ying district. TLP is a silver-lead mine that lies about 11 km east-southeast of SGX. The GC mine covers an area of 5.5 square kilometer (km2) that Is located approximately 200 kilometers (km) west of Guangzhou City. Its BYP mine covers a mining permit of approximately 3.67 km2.
Financial Overview
For the three months ended 30 June 2021, SilvercorpMetals Inc revenues increased 26% to $58.8M. Net incomedecreased 21% to $12.2M. Revenues reflect Henan Luoningsegment increase of 19% to $47.4M, Zinc, Avg. Price perunit, Total increase of 70% to $2213 per metric ton, ZincProduction (Metric Tonnes)-GC increase of 1% to 3K metrictons. Net income was offset by Equity Earnings Before Taxesincrease from $5.5M (income) to $722K (expense).
Employees: 1,196 as of Mar 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $683.78M as of Jun 30, 2021
Annual revenue (TTM): $252.56M as of Jun 30, 2021
EBITDA (TTM): $121.76M as of Jun 30, 2021
Net annual income (TTM): $53.30M as of Jun 30, 2021
Free cash flow (TTM): $40.82M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 176,354,091 as of Aug 22, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization