SVM on NYSE

Silvercorp Metals

Logo: http://www.sedar.com/CheckCode.do;jsessionid=0000Ya_p6GVGtiWfxcgiC3Yf_t-:-1, Public domain, via Wikimedia Commons6

Precious metals company

Silvercorp Metals Inc. (Silvercorp) is a Canadian-based, China-focused precious metals company engaged in the acquisition, exploration, and development of silver-containing properties. It is China's largest primary silver producer. The company is publicly traded on the Toronto Stock Exchange in Canada and the NYSE in the U.S.3 Its shares trade on NYSE under the symbol SVM.1 Wikipedia text CC BY-SA 4.0

$9.56 up 0.13 (1.38%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 20, 2026.

Overview

$298.9MRevenue, fiscal 20257
$78.8MNet income, fiscal 20257
Oct 31, 1991Founded1

Compare with OR Royalties, McEwen Mining or ENDEAVOUR SILVER CORP, or pick any stock.

  • TickerSVM on NYSE1
  • Industrymining1
  • HeadquartersVancouver1
  • Websitewww.silvercorpmetals.com
  • Listed onNew York Stock Exchange (SVM), Toronto Stock Exchange1
  • Incorporated inBritish Columbia, Canada8
  • Business addressSuite 1750, 1066 W. Hastings Street, Vancouver, V6E 3X18
  • Filer categoryAccelerated filer8
  • Legal formCompany (includes community contribution company and unlimited liability company)4
  • LEI52990092RT3UCQ7G31774
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered address1378, 200 Granville Street, V6C 1S4 Vancouver, Canada4

Silvercorp Metals Inc. (Silvercorp) is a Canadian-based, China-focused precious metals company engaged in the acquisition, exploration, and development of silver-containing properties.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

41.3%Gross margin7
34.5%Operating margin7
26.4%Net margin7
38.9%Revenue growth, 20257
9.5%Return on equity7
$132.4MFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Silver brought in 72% of the revenue Silvercorp Metals broke down this way in fiscal 2026.

  1. Silver$316.4M1072%up 69% from 2025
  2. Lead$57.5M1013%down 4% from 2025
  3. Golds$31.5M107%up 77% from 2025
  4. Zinc$23.0M105%down 12% from 2025
  5. Other$9.8M102%up 19% from 2025
Products and services by year
Products and services20252026
Silver$186.8M$316.4M
Lead$60.0M$57.5M
Golds$17.8M$31.5M
Zinc$26.0M$23.0M
Other$8.3M$9.8M

Business segments

Ying Mining District brought in 91% of the revenue Silvercorp Metals broke down this way in fiscal 2026.

  1. Ying Mining District$399.2M1091%up 52% from 2025
  2. GCMine$38.9M109%up 10% from 2025
Business segments by year
Business segments20252026
Ying Mining District$263.5M$399.2M
GCMine$35.4M$38.9M

Regions

Ying Mining District brought in 91% of the revenue Silvercorp Metals broke down this way in fiscal 2026.

  1. Ying Mining District$399.2M1091%up 52% from 2025
  2. GCMember$38.9M109%up 10% from 2025
Regions by year
Regions20252026
Ying Mining District$263.5M$399.2M
GCMember$35.4M$38.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue59¢$175.3M
  • Other costs4¢$11.9M
  • Interest2¢$6.7M
  • Income tax9¢$26.2M
  • Profit26¢$78.8M

Out of $298.9M in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending4¢$6.2M
  • Dividends paid4¢$4.9M
  • Kept or used elsewhere92¢$127.5M

Out of $138.6M of cash from operations.7

Financial statements

Revenue1112131415167$298.9M in 2025+76% since 2018
0$100.0M$200.0M$300.0M2018: $170.0M$170.0M20182019: $170.5M$170.5M2019+0%2020: $158.8M$158.8M2020−7%2021: $192.1M$192.1M2021+21%2022: $217.9M$217.9M2022+13%2023: $208.1M$208.1M2023−4%2024: $215.2M$215.2M2024+3%2025: $298.9M$298.9M2025+39%
Gross profit1112131415167$123.6M in 2025+41% since 2018
0$50.0M$100.0M$150.0M2018: $87.9M$87.9M20182019: $70.9M$70.9M2019−19%2020: $59.4M$59.4M2020−16%2021: $84.2M$84.2M2021+42%2022: $84.3M$84.3M2022+0%2023: $70.8M$70.8M2023−16%2024: $80.6M$80.6M2024+14%2025: $123.6M$123.6M2025+53%
Operating income1112131415167$103.2M in 2025+37% since 2018
0$50.0M$100.0M$150.0M2018: $75.4M$75.4M20182019: $70.1M$70.1M2019−7%2020: $52.2M$52.2M2020−26%2021: $71.7M$71.7M2021+38%2022: $62.6M$62.6M2022−13%2023: $33.7M$33.7M2023−46%2024: $63.9M$63.9M2024+89%2025: $103.2M$103.2M2025+61%
Net income11121315167$78.8M in 2025+34% since 2018
0$20.0M$40.0M$60.0M$80.0M2018: $58.9M$58.9M20182019: $52.0M$52.0M2019−12%2020: $45.2M$45.2M2020−13%2021: $60.5M$60.5M2021+34%2022: $43.3M$43.3M2022−28%2023: $21.1M$21.1M2023−51%2024: $49.7M$49.7M2024+135%2025: $78.8M$78.8M2025+59%

Every line of the income statement as filed: the last 2 fiscal years, latest first.10

Period ending2026-03-312025-03-31
Revenue$438.1M$298.9M
Production costs$115.3M$108.4M
Depreciation and amortization$35.1M$31.0M
Mineral resource taxes$9.5M$7.4M
Government fees and other taxes$12.3M$16.0M
General and administrative$12.1M$12.6M
Cost of sales$184.4M$175.3M
Income from mine operations$253.7M$123.6M
Corporate general and administrative$20.9M$17.6M
Property evaluation and business development$1.7M$3.3M
Foreign exchange (gain) loss-$498.0K$581.0K
Gain on investments-$33.7M-$12.5M
Loss on derivative liabilities$178.5M$9.0M
Share of loss in associates$532.0K$2.8M
Dilution loss on investment in associate$285.0K
Loss on disposal of plant and equipment.$226.0K$163.0K
Other (income) expense$3.7M-$609.0K
Income from operations$82.1M$103.2M
Finance income$11.9M$8.5M
Finance costs-$13.6M-$6.7M
Income before income taxes$80.4M$105.0M
Income tax expense$47.5M$26.2M
Net income$32.9M$78.8M
Equity holders of the Company-$9.9M$58.2M
Non-controlling interests$42.9M$20.6M
Basic earnings per share (in Dollars per share)-$0.05$0.29
Diluted earnings per share (in Dollars per share)-$0.05$0.28
Weighted Average Number of Shares Outstanding - Basic (in Shares)219.4M shares204.0M shares
Weighted Average Number of Shares Outstanding - Diluted (in Shares)219.4M shares206.3M shares

Compare Silvercorp Metals with another company

Corporate structure

Silvercorp Metals sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Silvercorp Metals

  • Helikon Investments Ltd Filed SCHEDULE 13G/A on Silvercorp Metals, latest Sep 3, 2026 (2 filings since May 7, 2026)
  • VAN ECK ASSOCIATES CORP Filed SCHEDULE 13G/A on Silvercorp Metals, latest Aug 14, 2025 (5 filings since Feb 10, 2022)
  • Silvercorp Metals Vancouver, British Columbia, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Silvercorp Metals reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$93.8M7 Mar 31, 2025$79.9M7 Mar 31, 2024+17.4%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, net$511.0K7 Mar 31, 2025$463.0K7 Mar 31, 2024+10.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$364.0M7 Mar 31, 2025$152.9M7 Mar 31, 2024+138.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$8.0M7 Mar 31, 2025$7.4M7 Mar 31, 2024+8.6%
Raw materials$3.7M7 Mar 31, 2025$3.7M7 Mar 31, 2024−0.5%

The story

The company started out as a minor explorer trading on the TSX venture exchange from November 1991 to October 2005. It was incorporated under the British Columbia Company Act in 1991. At first it was known as Spokane Resources Ltd until 2001 when it was renamed SKN Resources Ltd. In 2005, the same year it graduated from the TSX Venture Exchange to the larger Toronto exchange, it adopted its current name. In 2006, Silvercorp donated RMB1.25 million towards the construction of a youth center in Luoning County, Henan Province, China.

During the month of December in 2009, Shehzad inc. acquired 12% of SIlvercorp Metals over a period of a week. Shehzad inc. manages the equities and investing on behalf of Silvercorp.

Yangtze Mining Ltd. holds a 95% interest in Anhui Yangtze Mining Co. Ltd., the Chinese company holding silver, lead and zinc exploration permits on the Gaocheng project and Shimentou project in the Guangdong Province. In June 2008, Silvercorp Metals acquired Yangtze Gold Ltd.

On April 26, 2024, the company entered into a definitive agreement pursuant to which it agreed to acquire all of the issued and outstanding common shares of Adventus Mining Corporation by way of a plan of arrangement. The transaction closed July 31, 2024.

In January 2026, it was announced that Silvercorp Metals had agreed to acquire a 70 per cent interest in the Tulkubash and Kyzyltash gold projects in Kyrgyzstan for $162 million through agreements with Chaarat Gold and the Kyrgyzstan National Investment Agency. The transaction would give Silvercorp control of the licence-holding entity as part of a joint venture with Kyrgyzaltyn, subject to government approvals and licence extensions.

From Wikipedia’s article on Silvercorp Metals, shared under CC BY-SA 4.0.9

Products and brands

  • silver

Listed on Wikidata.1

Timeline

  1. Oct 31, 1991Founded Founded1

Calendar

Coming up

  1. Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.10 a share, on Nov 6, 2025.17

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

229 filings to the SEC since October 2021: 5 annual reports, 8 large holders, 216 other. The latest 20:

  1. Oct 8, 20266-K EDGAR
  2. Oct 5, 20266-K EDGAR
  3. Oct 5, 20266-K EDGAR
  4. Sep 30, 20266-K EDGAR
  5. Sep 29, 20266-K EDGAR
  6. Sep 25, 20266-K EDGAR
  7. Sep 23, 20266-K EDGAR
  8. Sep 17, 20266-K EDGAR
  9. Sep 3, 2026SCHEDULE 13G/A EDGAR
  10. Aug 31, 20266-K EDGAR
  11. Aug 27, 20266-K EDGAR
  12. Aug 19, 20266-K EDGAR
  13. Aug 12, 20266-K EDGAR
  14. Aug 11, 20266-K EDGAR
  15. Aug 7, 20266-K EDGAR
  16. Jul 17, 20266-K EDGAR
  17. Jul 16, 20266-K EDGAR
  18. Jun 30, 20266-K EDGAR
  19. Jun 30, 20266-K EDGAR
  20. Jun 30, 202640-F EDGAR

The 229 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Helikon Investments Ltd17,437,340$176.1M5.3%+1,321,926
Van Eck Associates Corp15,941,612$161.0M0.1%+8,875,001
Tidal Investments LLC10,747,537$108.6M0.3%+298,653
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.8,263,115$83.6M0.1%−1,581,486
Vanguard Capital Management LLC6,203,957$62.8M0.0%+122,631
Jpmorgan Chase & Co4,851,181$53.0M0.0%+1,917,265
Baillie Gifford & Co4,461,020$45.1M0.0%+225,860
BlackRock, Inc.4,214,301$42.6M0.0%+897,403
Two Sigma Investments, LP3,980,779$40.2M0.0%−453,869
Connor, Clark & Lunn Investment Management Ltd.3,930,238$39.7M0.1%−937,868
Alps Advisors Inc3,310,225$33.4M0.2%−1,159,932
Morgan Stanley3,205,401$32.4M0.0%−1,340,012
Renaissance Technologies LLC3,057,400$30.9M0.0%+245,004
Voloridge Investment Management, LLC2,176,964$22.0M0.1%−1,127,699
Bank Of America Corp /de/1,899,008$19.2M0.0%+1,524,597
Vanguard Fiduciary Trust Co1,865,430$18.9M0.0%+16,147
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,300,000$13.1M0.0%−300,000
Bank Of Montreal /can/1,071,969$10.8M0.0%+290,503
American Century Companies Inc974,429$9.9M0.0%+380,644
Invesco Ltd.823,415$8.3M0.0%New
TD Asset Management Inc762,300$7.7M0.0%+34,514
Jupiter Asset Management Ltd753,844$7.6M0.0%New
Susquehanna International Group, Llp747,932$7.6M0.0%+370,545
Vanguard Global Advisers, LLC710,276$7.2M0.0%+48,806
UBS Group AG698,009$7.0M0.0%−445,163

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Silvercorp Metals is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSILVERCORP METALS INC2
  • CIK0001340677
  • Employer ID (EIN)00-000000020
  • Filer statusAccelerated filer not an emerging growth company2
  • Incorporated inBritish Columbia20
  • Fiscal year endsMarch 312
  • Industry code (SIC)1040 Gold and Silver Ores2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business addressSuite 1750, 1066 W. Hastings Street, Vancouver, British Columbia V6E 3X1, British Columbia, Canada2
  • Phone60466993972
  • Shares outstanding220,910,911 shares as of Mar 31, 202620
  • AuditorDeloitte LLP, Vancouver, British Columbia PCAOB ID 1208; it also attests to the company’s internal control over financial reporting20
  • On EDGAR sinceOct 3, 20052
  • Filings625 in all: 6-K (501), SC 13G/A (19), 40-F (18), 425 (11), UPLOAD (11), CORRESP (9), CERTNYS (5), SC 13G (5)2
    All 30 form types

    6-K/A (4), 8-A12B (4), F-X (4), SCHEDULE 13G/A (4), 40-F/A (3), F-10 (3), SD (3), 25 (2), EFFECT (2), F-10/A (2), FWP (2), REGDEX (2), SCHEDULE 13G (2), 25-NSE (1), 40FR12B (1), 8-A12B/A (1), D (1), F-8 (1), F-X/A (1), S-8 (1), S-8 POS (1), SUPPL (1)

  • Latest filingsAnnual report (40-F) Jun 30, 2026

Securities registered for trading

ClassSymbolExchange
Common Shares, without par valueSVMNYSE American

From the cover page of the 40-F filed Jun 30, 2026 (Section 12(b) of the Exchange Act).20