Silvercorp Metals publishes fiscal 2027 second-quarter results call transcript
SVM•Silvercorp Metals reported fiscal second-quarter revenue of $72 million, down 13%, and adjusted net income of $18.4 million, down from $22.6 million. President Lon Shaver said production would fall short of guidance and targeted a November 2027 restart for GC, subject to approvals and construction progress.
1. Quarterly results and outlook
Silvercorp Metals’ second-quarter fiscal 2027 results call on November 6 featured President Lon Shaver and analysts Joe Reagor and Alex Terentiew. Revenue fell 13% to $72 million amid production shutdowns, while adjusted net income declined to $18.4 million from $22.6 million. Shaver said production would fall short of guidance despite normalized operations at Ying, citing lost summer output and GC’s continued suspension.
2. Projects and GC restart
Silvercorp is targeting a November 2027 restart for GC, subject to approvals and construction progress, and is considering a partial or complete sale. Heavy rainfall delayed El Domo construction; Shaver expects spending to accelerate and said no further delays are anticipated at El Domo or Chaarat.
