Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) reported record fiscal 2026 revenue of $438.1 million, a 47% increase year over year, driven primarily by a 72% rise in realized silver prices. The company also generated $310.6 million in operating cash flow and $181.3 million in free cash flow, underscoring its strong financial performance. In the fourth quarter, Silvercorp achieved record quarterly revenue of $147.4 million, up 96% from the prior year, and adjusted EBITDA attributable to equity shareholders of $98.1 million.
The company ended the fiscal year with $422.3 million in cash and short-term investments, positioning it well to advance growth initiatives. These include the 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 progress in environmental, social, and governance (ESG) initiatives, including an improved MSCI ESG rating of AA. For more details, the full press release is available at https://ibn.fm/c6tdR.
Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc, with a long history of profitability and growth potential. The company's strategy focuses on generating free cash flow from long-life mines, organic growth through extensive drilling, ongoing merger and acquisition efforts, and a long-term commitment to responsible mining and ESG. Investors can find the latest news and updates on SVM in the company's newsroom at https://ibn.fm/SVM.
The record revenue and strong cash flow highlight Silvercorp's ability to capitalize on rising silver prices while maintaining operational efficiency. The company's growth projects, such as El Domo and ZAAV, are expected to further enhance its production profile and shareholder value. Additionally, the improved ESG rating reflects Silvercorp's dedication to sustainable practices, which is increasingly important to investors. The financial results underscore the company's solid position in the precious metals sector and its potential for continued growth.
