Silvercorp Metals Inc. (NYSE American: SVM) (TSX: SVM) has announced fiscal 2025 record revenues of nearly $299 million, alongside a production of 6.9 million ounces of silver, marking an 11% year-over-year growth in silver equivalent output. This achievement underscores the company's position as a low-cost producer, with an all-in sustaining cost of $12.12 per ounce of silver over the last 12 months. The company's financial health is further evidenced by its strong balance sheet, boasting over $369 million in cash and a strategic equity portfolio, ensuring flexibility for future growth.
In a significant expansion of its operations, Silvercorp has commenced construction of its fully funded El Domo copper-gold mine, with production anticipated by the end of 2026. Additionally, the company has updated the mineral resource estimate for the Condor Project and plans to issue a revised Preliminary Economic Assessment (PEA) by the end of 2025. These developments reflect Silvercorp's strategic focus on organic growth and its ability to leverage operational efficiencies to enhance project value.
Silvercorp's commitment to environmental and social governance (ESG) practices is evident in its MSCI ESG rating of 'A' and its emphasis on local employment and procurement. With over 18 years of operating experience, the company has established a diversified portfolio of mining assets across China, Ecuador, and Bolivia, reinforcing its reputation for responsible mining and shareholder value creation. The company's latest achievements and strategic initiatives highlight its potential for sustained growth and its role in the global mining sector.
