SVM - Silvercorp Metals Non-GAAP EPS of $0.03 misses by $0.01 revenue of $34.15M beats by $0.85M

2023-05-25 17:07:25 ET

• Silvercorp Metals press release ( NYSE: SVM ): Q4 Non-GAAP EPS of $0.03 misses by $0.01 .
• Revenue of $34.15M (-17.9% Y/Y) beats by $0.85M .
• Mined 181,848 tonnes of ore, milled 179,393 tonnes of ore, and produced approximately 1.1 million ounces of silver, 1,000 ounces of gold, 10.9 million pounds of lead, and 3.6 million pounds of zinc;
• Sold approximately 1.1 million ounces of silver, 1,000 ounces of gold, or 1.2 million ounces of silver equivalent, 10.0 million pounds of lead, and 3.5 million pounds of zinc, for revenue of $34.1 million
• Cash costs per ounce of silver, net of by-product credits, of $0.92;
• All-in sustaining costs per ounce of silver, net of by-product credits, of $13.85;
• Generated cash flow from operating activities of $5.7 million; and,
• Spent and capitalized $1.0 million on exploration drilling, $5.9 million on underground development and exploration tunneling, and $2.5 million on equipment and facilities.
• Shares -0.61% AH.

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