---
title: "Canada's Silvercorp Q4 revenue nearly doubles but metal output falls"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283077617.md"
datetime: "2026-04-17T02:03:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283077617.md)
  - [en](https://longbridge.com/en/news/283077617.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283077617.md)
---

# Canada's Silvercorp Q4 revenue nearly doubles but metal output falls

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Overview

-   Canada mining firm’s Q4 fiscal 2026 revenue nearly doubled yr/yr to record C$147.4 mln
-   Q4 silver, lead, and zinc production declined due to lower head grades and more shrinkage mining
-   Company forecasts higher ore and metal output but expects increased costs in fiscal 2027

Outlook

-   Silvercorp expects to process 1.53 mln to 1.61 mln tonnes of ore in fiscal 2027
-   Company sees fiscal 2027 silver production of 6.8 mln to 7.1 mln ounces
-   Fiscal 2027 consolidated cash cost expected at $83.3 to $85.4 per tonne, AISC at $155.3 to $161.2

Result Drivers

-   LOWER HEAD GRADES - Co said declines in silver, lead, and zinc production were due to lower head grades and increased shrinkage mining
-   HIGHER ORE PROCESSING AT GC MINE - GC Mine processed more ore and produced more lead and silver compared to Q4 last yr
-   ONGOING MINE DEVELOPMENT - Construction continued at Kuanping and El Domo mines, with progress on ramp development, tunneling, and infrastructure Company press release:

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

### Q4 C$147.40

Revenue mln

Analyst Coverage

-   The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 5 “strong buy” or “buy”, no “hold” and no “sell” or “strong sell”
-   The average consensus recommendation for the non-gold precious metals & minerals peer group is “buy”
-   Wall Street’s median 12-month price target for Silvercorp Metals Inc is C$20.00, about 15.4% above its April 16 closing price of C$17.33
-   The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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