Silvercorp reported exceptional Q3 fiscal 2026 results, with revenue soaring 51% year-over-year to $126 million, bolstered by a significant rise in silver prices and robust cash flow growth.
- Operating cash flow reached a record $133 million, up 196% from last year, highlighting improved operational efficiency.
- Adjusted net income rose 118% to $47.9 million, demonstrating effective cost management despite a temporary $60 million noncash charge.
- Total cash position strengthened to $463 million, an increase of over $80 million since the previous quarter, providing financial flexibility for strategic investments.
- Silver production improved to 1.9 million ounces, with costs declining further, averaging $76 per tonne at the Ying mine.
- The company finalized a $162 million acquisition of gold projects in Kyrgyzstan, with $92 million already paid, indicating a strategic expansion into gold mining.
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