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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. (TSX: SVM) (NYSE American: SVM) declares a semi-annual dividend of US$0.0125 per share, eligible for Canadian tax purposes. Future dividends at the discretion of the Board based on commodity prices, market conditions, financial results, and cash flows.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
dividends
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Rhea-AI Summary
Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) reports Q2 Fiscal 2024 results, with revenue of $54.0 million, net income of $11.1 million, and strong balance sheet with $189.1 million in cash and cash equivalents. The company also invested $5.0 million in New Pacific Metals Corp. and entered into an agreement to acquire OreCorp Limited. Consolidated operational results show a decrease in ore production and an increase in metal production compared to Q2 Fiscal 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
earnings
-
Rhea-AI Summary
Silvercorp Metals Inc. releases its annual Sustainability Report for Fiscal 2023, highlighting its ESG performance and targets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
Tags
earnings
Rhea-AI Summary
Silvercorp Metals Inc. reports production and sales figures for Q2 Fiscal 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.75%
Tags
earnings
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News
Rhea-AI Summary
Silvercorp Metals Inc. reported that all matters submitted to shareholders for approval at the AGM were approved. Dr. Rui Feng received 94.78% of votes for election as a director. Yikang Liu received 97.27% of votes. The final results will be filed on SEDAR+ and the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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Rhea-AI Summary
Silvercorp Metals Inc. announces a normal course issuer bid to acquire up to 4.8% of its common shares, running from September 19, 2023 to September 18, 2024. The repurchase program is intended to provide flexibility in case of undervaluation. The company has cash and cash equivalents of $200.6 million and investments in associates and other companies worth $71.7 million. Shares will be purchased at prevailing market prices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.16%
Tags
buyback
Rhea-AI Summary
Silvercorp Metals Inc. has renewed its Safety Production Permits for the GC Mine and tailing storage facility, valid for three years. The company implemented improvement measures and experienced a production disruption of four to five weeks this quarter due to various factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
none
-
News
Rhea-AI Summary
Silvercorp Metals Inc. announces changes to its management team to prepare for future growth initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.65%
Tags
none
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Rhea-AI Summary
The Watchlist by The Market Herald has released new interviews with Strategic Resources and Silvercorp Metals, providing investors with important information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
none
Rhea-AI Summary
Silvercorp Metals Inc. reported its financial results for Q1 Fiscal 2024. They mined 303,220 tonnes of ore, produced 1.8 million ounces of silver, and generated $60.0 million in revenue. Net income was $9.2 million. Cash flow from operating activities was $28.9 million. They have a strong balance sheet with $200.6 million in cash and cash equivalents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
Tags
earnings
Silvercorp Metals Inc

NYSE:SVM

SVM Rankings

SVM Stock Data

556.98M
169.38M
4.38%
34.61%
2.22%
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