Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) has reported preliminary results for the first quarter of Fiscal 2026, ending June 30, showcasing a significant uptick in both revenue and production. The company’s revenue saw a 13% increase year over year, reaching approximately $81.3 million. This financial growth was supported by a 6% rise in silver production, totaling 1.8 million ounces, and an increase in silver equivalent output to 2.0 million ounces. While lead output experienced a modest 1% climb to 15.7 million pounds, zinc production faced a 19% decline, settling at 5.2 million pounds.

The Ying Mining District emerged as a key contributor to this performance, with a 28% increase in ore processed. This operational efficiency not only bolstered the district’s output but also led to a remarkable 79% surge in gold production, achieving 2,050 ounces. Beyond production metrics, Silvercorp Metals has made strides in exploration and development across several sites. Ongoing drilling activities at Ying and GC, alongside ramp development at the newly launched Kuanping mine, underscore the company’s commitment to organic growth and resource expansion.

Investors and stakeholders are keenly awaiting the full Q1 financials, scheduled for release after market close on August 7, 2025. These preliminary results not only reflect Silvercorp Metals’ robust operational framework but also highlight its potential for sustained growth in the precious metals sector. For more details, the full press release can be accessed here.

This news story relied on content distributed by None. Blockchain Registration, Verification & Enhancement provided by NewsRamp. The source URL for this press release is Silvercorp Metals Inc. Reports Increased Q1 Output and Revenue.