Silvercorp Metals, a Canadian mining company, has unveiled its financial results for fiscal year 2025, demonstrating remarkable growth in both net income and revenue. The company achieved a net income of $58.2 million, marking a 60% increase from the previous year, while revenue surged by 39% to $298.9 million. This financial success is attributed to robust production metrics, including 7.5 thousand ounces of gold, 6.9 million ounces of silver, 62.2 million pounds of lead, and 23.3 million pounds of zinc, showcasing the company's operational excellence across various mineral sectors.
Further emphasizing its financial health, Silvercorp reported adjusted earnings of $75.1 million, or $0.37 per share, and operational cash flow of $138.6 million. Despite a net loss of $7.6 million in the fourth quarter, primarily due to a $20.6 million non-cash derivative charge, the company's adjusted quarterly net income was $14.7 million. Silvercorp ended the fiscal year with a strong cash position of $369.1 million in cash and short-term investments, supported by productive operations at the Ying and GC mines and the ongoing development of the El Domo project.
The company's strategy revolves around generating free cash flow from long-life mines, pursuing organic growth through extensive drilling, and exploring merger and acquisition opportunities. Additionally, Silvercorp remains committed to responsible mining practices and upholding environmental, social, and governance (ESG) principles. For more information on Silvercorp Metals and its operations, visit https://www.silvercorpmetals.com.
