| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 36 | 93.9x | 17.8x | Bottom tier | |
Growth | 87 | 59.4% | 7.1% | Top tier | |
Quality | 86 | 22.6% | 4.5% | Top tier | |
Safety | 89 | — | 2.6x | Top tier | |
Capital Return | 44 | — | 2.12% | Around median | |
Momentum | 66 | 131.0% | 2.9% | Around median | |
Sentiment | 87 | 3 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Silvercorp Metals Inc. is engaged in metal production, with its current operating revenue derived from the sale of silver, gold, lead, and zinc extracted from its operations in China, while developing growth projects in Ecuador and Kyrgyzstan. In fiscal Q1 2027, silver accounted for 77% of revenue, and consolidated mining operating earnings reached $84.8 million, of which $80.1 million came from the Ying mine, or about 95%, highlighting the profit model’s significant dependence on silver and a single primary operating asset.
In fiscal Q1 2027, ended June 30, 2026, revenue rose 70% year over year to $139 million, primarily supported by a 135% increase in the average realized silver selling price, net of smelter charges, to more than $69 per ounce. Net income was $59.4 million, or $0.27 per share, equivalent to a calculated net income margin of about 42.7%, but it included an $11 million gain on investments and $6 million from the sale of the Santa Barbara project. Excluding non-cash and non-recurring items, adjusted net income was $53.9 million, or $0.24 per share, compared with $21 million and $0.10 per share in the comparable period.
Strong profitability came despite a 17% decline in silver production and 15% declines in both lead and zinc production year over year, while gold production increased 24%. Cash flow from operating activities was approximately $62 million, and free cash flow was $29 million, with the company ending fiscal Q1 2027 with $387 million in cash and investments in associates and other companies with a combined market value of $304 million as of June 30, 2026. On an annual basis, fiscal 2025 revenue increased to $298.9 million from $215.2 million in fiscal 2024, and gross profit rose to $123.6 million, equivalent to a calculated gross margin of about 41.4%.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is “Buy,” with an average price target of $13.5 and identical high and low targets of $13.5, compared with a 52-week range of $4.77 to $15.77. The target is approximately 14.4% below the top of the range, reflecting a positive assessment but not assuming a full recovery to the high, amid risks from temporary production suspensions, higher per-ounce costs, and significant dependence on Ying and silver prices.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
Revenue rose 70% year over year to $139 million, with the main driver being a 135% increase in the average realized silver selling price, net of smelter charges, to more than $69 per ounce. Adjusted net income reached $53.9 million, or $0.24 per share, compared with $21 million and $0.10 per share in the comparable period. This was achieved despite a 17% decline in silver production, showing that the price effect was stronger than the impact of lower volume during the quarter.
Silver accounted for 77% of fiscal Q1 2027 revenue, so the increase in its realized price was a pivotal factor in revenue growth. Consolidated mining operating earnings were $84.8 million, with Ying alone contributing $80.1 million, or about 95% of the total. This concentration gives the company direct exposure to rising silver prices, but it also increases the sensitivity of results to the metal’s price and Ying’s operating performance.
The company voluntarily suspended operations at Ying and GC on June 29, 2026, to conduct a comprehensive review and implement updates that comply with new Chinese safety requirements. During the August 11, 2026 call, Ying had resumed operations at a reduced rate, while GC was still awaiting certain approvals. Management maintained its fiscal Q2 2027 target at 40% to 50% of the original production plan for that quarter and considered it too early to revise full-year guidance.
In China, the expansion of the Ying and Kuanping permit areas will provide the company with permitted mining capacity of approximately 1.5 million tonnes per year, and mill No. 3 is expected to add capacity of 3,000 tonnes per day in fiscal Q1 2028. In Ecuador, earthworks at El Domo exceeded 600 thousand cubic metres during fiscal Q1 2027, with work continuing on the plant, open pit, and tailings facility. In Kyrgyzstan, the Tulkubash plan targets a 4 million-tonne-per-year operation and a development budget of $166 million, alongside a 50 thousand-metre annual drilling program at Kyzyltash.
The company ended fiscal Q1 2027 with $387 million in cash, excluding its investments in associates and other companies. The combined market value of those investments was $304 million as of June 30, 2026, and the company also had approximately $220 million in undrawn term loan facilities. During the same quarter, cash flow from operating activities was approximately $62 million and free cash flow was $29 million, while the number of projects makes spending and execution discipline an important factor.
Production costs at Ying were approximately $87 per tonne, up 5% year over year, but remained below the annual guidance range of $88 to $90. All-in sustaining costs were $130 per tonne, below the guidance range of $155 to $160, while on a per-ounce basis they rose 30% to $13.94 after by-product credits. Silver cash costs also increased to $2.45 per ounce from $1.26, affected by lower silver sales and the strength of the renminbi, while by-product credits increased by $3.8 million.
