Silvercorp Metals Inc.
SVM · NYSE-A · producer · market cap $2.8B as of 24 Aug 2026
What Silvercorp Metals Inc.'s own filings say about its costs, margins and results, every figure cited.
Silvercorp Metals Inc. share price
- Latest AISC$18.38/ozRank 3 of 8release
- Margin at today's spot
- Silver produced, attributable1.50Msource
- Next report5 Novprior report
Today's spot price minus the latest reported mining cost. Reporting periods vary. This is an illustrative spread, not reported profit. Methodology
Company-reported data · Fixed cohorts · No estimated costs
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Fixed cohorts: the companies in each median are set for the calendar year, so a median never moves because membership moved.
- No modelled costs: no cost or margin here is estimated by us; where a company states no figure, the page says so.
About Silvercorp Metals Inc.
Silvercorp Metals Inc. (SVM) produces silver, gold, lead and zinc, with principal mining operations and assets in China, Ecuador and the Kyrgyz Republic. Incorporated in Canada, the company had a corporate office in Vancouver and, at the filing date, shares listed on the TSX and the NYSE American. Its principal products are silver-bearing lead and zinc concentrates, all sold to local smelters or companies in the mineral products trading business. Its operating mines include the Ying Project and the GC Mine, and its producing mines are all located in China. In Fiscal 2026, the company processed 1,475,512 tonnes of ore and produced approximately 6.8 million ounces of silver, 8,723 ounces of gold, 60.4 million pounds of lead and 21.7 million pounds of zinc. The company completed the acquisition of Adventus on July 31, 2024. Its Ecuador projects included the El Domo Project, under construction, and the Condor Project. As of March 31, 2026, the company had 1,367 employees at the Ying Mining District, 286 at the GC Mine, 4 at the BYP Mine, 59 at the Silvercorp Beijing corporate office, 34 at the Vancouver corporate office, 339 in Ecuador and 53 in the Kyrgyz Republic.
Costs and margins
- Price, quarter average
- $73.50/toz
- AISC
- $18.38/oz
- Margin
- $55.12/oz
- Margin, % of price
- 75.0%
Latest AISC $18.38 per troy ounce. Silver miners: median AISC $31.29 per troy ounce, Q2 2026, 8 reporters. 3 lowest of 8 silver miners reporting Q2 2026.
| Category | Silver price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2025 | $39.60 | $13.94 |
| Q4 2025 | $54.10 | $12.86 |
| Q1 2026 | $84.00 | $17.35 |
| Q2 2026 | $73.50 | $18.38 |
| Category | Silver price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2023 | $23.60 | $11.50 |
| $23.20 | $11.33 | |
| Q1 2024 | $23.40 | $14.36 |
| $28.80 | $9.82 | |
| Q3 2024 | $29.50 | $11.66 |
| $31.40 | $12.75 | |
| Q1 2025 | $31.90 | $14.31 |
| $33.70 | $13.49 | |
| Q3 2025 | $39.60 | $13.94 |
| $54.10 | $12.86 | |
| $84.00 | $17.35 | |
| Q2 2026 | $73.50 | $18.38 |
| Category | Silver price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2021 | $24.30 | $7.35 |
| $23.40 | $8.82 | |
| $24.00 | $12.60 | |
| Q2 2022 | $22.70 | $9.25 |
| $19.20 | $8.25 | |
| $21.30 | $9.28 | |
| Q1 2023 | $22.50 | $13.85 |
| $24.20 | $9.46 | |
| $23.60 | $11.50 | |
| Q4 2023 | $23.20 | $11.33 |
| $23.40 | $14.36 | |
| $28.80 | $9.82 | |
| Q3 2024 | $29.50 | $11.66 |
| $31.40 | $12.75 | |
| $31.90 | $14.31 | |
| Q2 2025 | $33.70 | $13.49 |
| $39.60 | $13.94 | |
| $54.10 | $12.86 | |
| $84.00 | $17.35 | |
| Q2 2026 | $73.50 | $18.38 |
| Category | Silver price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2019 | $17.10 | $4.15 |
| $17.30 | $7.21 | |
| $16.90 | $15.17 | |
| $16.30 | $5.61 | |
| Q3 2020 | $24.50 | $6.99 |
| $24.40 | $6.92 | |
| $26.30 | $12.55 | |
| $26.70 | $7.46 | |
| Q3 2021 | $24.30 | $7.35 |
| $23.40 | $8.82 | |
| $24.00 | $12.60 | |
| $22.70 | $9.25 | |
| Q3 2022 | $19.20 | $8.25 |
| $21.30 | $9.28 | |
| $22.50 | $13.85 | |
| $24.20 | $9.46 | |
| Q3 2023 | $23.60 | $11.50 |
| $23.20 | $11.33 | |
| $23.40 | $14.36 | |
| $28.80 | $9.82 | |
| Q3 2024 | $29.50 | $11.66 |
| $31.40 | $12.75 | |
| $31.90 | $14.31 | |
| $33.70 | $13.49 | |
| $39.60 | $13.94 | |
| $54.10 | $12.86 | |
| $84.00 | $17.35 | |
| Q2 2026 | $73.50 | $18.38 |
All-in sustaining cost (AISC) and the average silver price by quarter, newest first, US$ per ounce; every row cites the company's own release.
| Quarter | Price avg | AISC | Margin | Margin % | Source |
|---|---|---|---|---|---|
| Q2 2026 | $73.50 | $18.38 | $55.12 | 75.0% | release |
| Q1 2026 | $84.00 | $17.35 | $66.65 | 79.4% | release |
| Q4 2025 | $54.10 | $12.86 | $41.24 | 76.2% | release |
| Q3 2025 | $39.60 | $13.94 | $25.66 | 64.8% | release |
| Q2 2025 | $33.70 | $13.49 | $20.21 | 60.0% | release |
| Q1 2025 | $31.90 | $14.31 | $17.59 | 55.1% | release |
| Q4 2024 | $31.40 | $12.75 | $18.65 | 59.4% | release |
| Q3 2024 | $29.50 | $11.66 | $17.84 | 60.5% | release |
| Q2 2024 | $28.80 | $9.82 | $18.98 | 65.9% | release |
| Q1 2024 | $23.40 | $14.36 | $9.04 | 38.6% | release |
| Q4 2023 | $23.20 | $11.33 | $11.87 | 51.2% | release |
| Q3 2023 | $23.60 | $11.50 | $12.10 | 51.3% | release |
| Q2 2023 | $24.20 | $9.46 | $14.74 | 60.9% | release |
| Q1 2023 | $22.50 | $13.85 | $8.65 | 38.4% | release |
| Q4 2022 | $21.30 | $9.28 | $12.02 | 56.4% | release |
| Q3 2022 | $19.20 | $8.25 | $10.95 | 57.0% | release |
| Q2 2022 | $22.70 | $9.25 | $13.45 | 59.2% | release |
| Q1 2022 | $24.00 | $12.60 | $11.40 | 47.5% | release |
| Q4 2021 | $23.40 | $8.82 | $14.58 | 62.3% | release |
| Q3 2021 | $24.30 | $7.35 | $16.95 | 69.8% | release |
| Q2 2021 | $26.70 | $7.46 | $19.24 | 72.1% | release |
| Q1 2021 | $26.30 | $12.55 | $13.75 | 52.3% | release |
| Q4 2020 | $24.40 | $6.92 | $17.48 | 71.6% | release |
| Q3 2020 | $24.50 | $6.99 | $17.51 | 71.5% | release |
| Q2 2020 | $16.30 | $5.61 | $10.69 | 65.6% | release |
| Q1 2020 | $16.90 | $15.17 | $1.73 | 10.2% | release |
| Q4 2019 | $17.30 | $7.21 | $10.09 | 58.3% | release |
| Q3 2019 | $17.10 | $4.15 | $12.95 | 75.7% | release |
Its panel on the Miner Margins page carries the cohort it sits in and the basis notes.
Production and guidance
Q2 2026, as reported
- Silver produced, attributable
- 1,500,000 oz
- Prior-quarter silver production
- 1,500,000 oz
- Year-ago silver production
- 1,827,000 oz
More ways to compare Silvercorp Metals Inc.
- Reported AISC
- Rank 3 of 8View comparable rankings
Silvercorp Metals's mines and operations
Mine-by-mine operating data will be added as company filings are reviewed.
Financials, as filed
Key financials
- Revenue
- $298.9M
- Net income
- $58.2M
- Operating cash flow
- $138.6M
- Capital expenditure
- $6.2M
- Cash and equivalents
- $364.0M
- EPS (diluted)
- $0.28
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue ifrs-full:Revenue | FY 2025 | $298,895,000 | SEC XBRL, as filed | 40-F · 5 Jun 2025 |
| Net income ifrs-full:ProfitLossAttributableToOwnersOfParent | FY 2025 | $58,190,000 | SEC XBRL, as filed | 40-F · 5 Jun 2025 |
| EPS (basic) ifrs-full:BasicEarningsLossPerShare | FY 2025 | $0.29 | SEC XBRL, as filed | 40-F · 5 Jun 2025 |
| EPS (diluted) ifrs-full:DilutedEarningsLossPerShare | FY 2025 | $0.28 | SEC XBRL, as filed | 40-F · 5 Jun 2025 |
| Operating cash flow ifrs-full:CashFlowsFromUsedInOperatingActivities | FY 2025 | $138,631,000 | SEC XBRL, as filed | 40-F · 5 Jun 2025 |
| Capital expenditure ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities | FY 2025 | $6,224,000 | SEC XBRL, as filed | 40-F · 5 Jun 2025 |
| Cash and equivalents ifrs-full:CashAndCashEquivalents | FY 2025 | $363,978,000 | SEC XBRL, as filed | 40-F · 5 Jun 2025 |
| Shares outstanding dei:EntityCommonStockSharesOutstanding | FY 2025 | 217,736,326 | SEC XBRL, as filed | 40-F · 5 Jun 2025 |
| Dividends paid ifrs-full:DividendsPaid | FY 2025 | $4,948,000 | SEC XBRL, as filed | 40-F · 5 Jun 2025 |
Annual figures only: this company files no quarterly XBRL with the SEC.
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
| Statement line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $298,895,000 | $215,187,000 | $208,129,000 | $217,923,000 | $192,105,000 | $158,829,000 | not available |
| Operating income | not available | not available | not available | not available | not available | not available | not available |
| Net income | $58,190,000 | $36,306,000 | $20,608,000 | $30,634,000 | $46,376,000 | $34,274,000 | not available |
| Operating cash flow | $138,631,000 | $91,570,000 | $85,643,000 | $107,378,000 | $85,912,000 | $77,246,000 | not available |
| Capital expenditure | $6,224,000 | $11,523,000 | $13,293,000 | $10,729,000 | $8,972,000 | $7,400,000 | not available |
| Cash and equivalents | $363,978,000 | $152,942,000 | $145,692,000 | $113,302,000 | $118,735,000 | $65,777,000 | not available |
| Debt | not available | not available | not available | not available | not available | not available | not available |
| Dividend per share | not available | not available | not available | not available | not available | not available | not available |
| Source | 40-F · 5 Jun 2025 | 40-F · 7 Jun 2024 | 40-F · 1 Jun 2023 | 40-F · 22 Jun 2022 | 40-F · 22 Jun 2021 | 40-F · 23 Jun 2020 | not available |
- A dash means the SEC filings carry no figure for that year. It is never zero.
Filings
| Date | Source |
|---|---|
| 19 Aug 2026 | 6-K(19 Aug 2026) |
| 12 Aug 2026 | 6-K(12 Aug 2026) |
| 11 Aug 2026 | 6-K(11 Aug 2026) |
| 7 Aug 2026 | 6-K(7 Aug 2026) |
| 17 Jul 2026 | 6-K(17 Jul 2026) |
| 16 Jul 2026 | 6-K(16 Jul 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.