Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) reported record fiscal 2026 revenue of $438.1 million, a 47% increase from the prior year, driven primarily by a 72% rise in realized silver prices. The company generated $310.6 million in operating cash flow and $181.3 million in free cash flow, underscoring its financial strength and operational efficiency.
In the fourth quarter, Silvercorp posted record quarterly revenue of $147.4 million, up 96% year-over-year, with adjusted EBITDA attributable to equity shareholders reaching $98.1 million. The company ended the fiscal year with $422.3 million in cash and short-term investments, providing a solid foundation for growth initiatives.
These initiatives include development of the El Domo mine in Ecuador and the completion of its acquisition of a 70% interest in the ZAAV project in Kyrgyzstan. Silvercorp also highlighted continued environmental, social, and governance (ESG) progress, including an improved MSCI ESG rating of AA.
The record financial performance reflects the company's strategy of focusing on generating free cash flow from long-life mines, organic growth through extensive drilling, and ongoing merger and acquisition efforts. Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential.
For more details, the full press release is available at https://ibn.fm/c6tdR. Latest news and updates relating to SVM are available in the company’s newsroom at https://ibn.fm/SVM.
