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Silvercorp Metals Inc - SVM STOCK NEWS

Welcome to our dedicated news page for Silvercorp Metals (Ticker: SVM), a resource for investors and traders seeking the latest updates and insights on Silvercorp Metals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Silvercorp Metals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Silvercorp Metals's position in the market.

Rhea-AI Summary
Silvercorp Metals Inc. reports operational and financial results for Fiscal 2024, with significant increases in production across gold, silver, lead, and zinc. The company also issues guidance for Fiscal 2025, expecting further production growth and providing details on production, cash costs, and capital expenditure.
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Silvercorp Metals Inc. announces the unsuccessful off-market takeover bid for OreCorp and its entitlement to a break fee of approximately AUD$2.8 million.
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-0.65%
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Rhea-AI Summary
Silvercorp Metals Inc. reminds shareholders of its off-market takeover bid for OreCorp , offering a 9% premium over Perseus Mining 's offer. The bid closes on March 22, 2024, with an implied value of A$0.60 per OreCorp share.
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End-of-Day
0.71%
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Rhea-AI Summary
CEO.CA Technologies Ltd., a leading investor social network, provides video coverage of the recent PDAC convention in Toronto. The company, founded in 2012 and a subsidiary of EarthLabs, Inc., offers a popular financial platform for global investors with high engagement and mobile features.
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-2.11%
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Silvercorp Metals Inc. announces its intention to file a third supplementary bidder statement for its off-market takeover bid for OreCorp Limited. The Company will not waive its 50.1% minimum acceptance condition, offering 0.0967 common shares of Silvercorp and A$0.19 cash per OreCorp share. The Offer is open until March 22, 2024, aiming to enhance the attractiveness of the deal while providing protection to OreCorp shareholders.
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End-of-Day
1.84%
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Silvercorp Metals Inc. announces the closing date for its off-market takeover bid for OreCorp Limited, urging shareholders to accept the offer due to increased timing and execution risks with Perseus Mining Limited's competing offer.
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Rhea-AI Sentiment
End-of-Day
2.49%
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Rhea-AI Summary
Silvercorp Metals Inc. reports Q3 Fiscal 2024 financial and operating results, including a revenue of $58.5 million, net income of $10.5 million, and strong balance sheet with $198.3 million in cash and cash equivalents. The company also entered into a Bid Implementation Deed with OreCorp Limited for an off-market takeover. Operational results show increases in gold and zinc production, with a decrease in silver and lead production.
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5.78%
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Silvercorp Metals Inc. announced the appointment of Helen Cai, a finance and investment professional, to its Board as an independent director. Ms. Cai has extensive experience in capital markets, corporate finance, and M&A transactions. She has worked with Barrick Gold Corporation, Largo Inc., and China International Capital Corporation, and has been recognized for her expertise and achievements in the financial industry. Dr. Rui Feng, Silvercorp's CEO, expressed optimism about Ms. Cai's contributions to the company's merger and acquisition efforts.
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-0.87%
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Silvercorp Metals Inc. has received unconditional approval from the Tanzanian Fair Competition Commission for the proposed transaction with OreCorp Limited. Each OreCorp director has accepted the Silvercorp Offer, and the independent expert appointed by OreCorp has concluded that the offer is fair and reasonable to OreCorp shareholders. The Silvercorp Offer is scheduled to close on February 23, 2024, and is subject to the Independent Expert's Report continuing to conclude that the offer is reasonable to OreCorp shareholders.
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-1.66%
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Silvercorp Metals Inc. reports high-grade intercepts of silver mineralization in the Surface Zone and Production Zone at the TLP mine in China. The diamond drilling program has yielded positive assay results, showing significant potential for resource expansion and upgrading.
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Rhea-AI Sentiment
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1.22%
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Silvercorp Metals Inc

NYSE:SVM

SVM Rankings

SVM Stock Data

624.17M
169.34M
4.34%
34.58%
1.93%
Silver Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Vancouver

About SVM

silvercorp is a low-cost silver-producing canadian mining company with multiple mines in china. the company’s vision is to deliver shareholder value by focusing on the acquisition of under developed projects with resource potential and the ability to grow organically. for more information, please visit our website at www.silvercorpmetals.com